.KUALA LUMPUR: OCBC Banking Company (Malaysia) Bhd (OCBC Financial institution) is launching the cutting-edge SME Electricity Productivity Assessment (SMEEA) tool to Malaysian SMEs, allowing all of them to evaluate their residential property's electricity consumption as portion of their journey in the direction of acquiring a green car loan. In a statement, OCBC Banking company said the tool, cultivated by the Structure and Building Authority of Singapore (BCA), is currently made use of in several markets where the OCBC Group operates. It creates the shift to sustainability easier along with much easier access to green loans. OCBC Bank dealing with director and head of emerging company Chan Kok Leong stated resident can access the device via BCA's Super Low Energy Structure (SLEB) Smart Hub to assess just how energy-efficient their home procedures are. "SMEs that utilize the device to show their property's power effectiveness levels and also accomplish a certain threshold are entitled to secure a green loan coming from OCBC Financial institution. It is actually free of charge, rapid and also straightforward, without any experts needed to have for the assessment. "A crucial perk of using SMEEA is actually that the SME acquires a file recognizing extra steps that can be applied to reduce the power intake of their residential or commercial property. The SMEs will definitely also acquire a certification for their property promptly," he said. Chan said that with the SMEEA, SMEs can rapidly understand their present setting in the durability quest and gain access to the solutions they need to begin a sustainability strategy. "We are happy to share that Yongyang Sdn Bhd is actually the initial of our clients to avail themselves to this resource, and their feedback tells the story," he included. Yongyang director Regine Choo pointed out OCBC Bank was instrumental in assisting their sustainability efforts by delivering adapted funding options that created it feasible for them to scale their jobs. "OCBC Bank's know-how in eco-friendly financing and also willingness to start where the customer is-- as opposed to where they wish we are-- has actually assisted our company manage prices properly and also put in prudently in brand new innovations," she said.