Eco banking: CIMB Islamic walks Malaysians towards a greener earth with its EcoSave Savings Account-i

Malay Mail
Malay Mail

KUALA LUMPUR, Nov 7 — Climate change is no longer considered only an environmental threat because it affects all economic sectors.

Thus, the need to become increasingly aware of the issues that surround it.

As the world undergoes massive deforestation and biodiversity loss triggered by unprecedented food waste and fast fashion, Malaysia is not spared from environmental crises.

With more floods occurring across Malaysia throughout the years, it’s now even more critical than ever to turn to sustainable practices.

Sustainability, however, is not only limited to recycling or reducing our consumption in everyday life.

There is even an option of going green with your bank to help boost eco-friendly initiatives and push green agendas through climate-positive investments.

Banks across the world have implemented eco-banking systems to ensure that ecological loss resulting from natural disasters or various development projects is compensated by the conservation of wetlands, streams and natural habitats.

In Malaysia, CIMB Islamic Bank has been championing green banking through its EcoSave Savings Account-i.

Apart from being an environmentally-friendly account that operates without a passbook and promotes paperless transactions, CIMB Islamic also contributes 0.2 per cent of the EcoSave Savings Account-i’s total average portfolio balance to environmental activities.

CIMB Islamic environmental initiatives include forest and wetland conservation, environmental awareness education and community development training. — Picture courtesy of CIMB Islamic
CIMB Islamic environmental initiatives include forest and wetland conservation, environmental awareness education and community development training. — Picture courtesy of CIMB Islamic

CIMB Islamic environmental initiatives include forest and wetland conservation, environmental awareness education and community development training. — Picture courtesy of CIMB Islamic

Since 2008, EcoSave Savings Account-i has contributed over RM3.5 million to a total of 14 projects that promote environmental conservation across Malaysia — click here to know more!

Past activities include forest and wetland conservation, environmental awareness education and community development training.

Thus, if you plan to be a green advocate and contribute to eco-positive projects, CIMB Islamic enables you to support initiatives aligned with environmental values by opening an EcoSave Savings Account-i.

By doing so, you not only contribute to a greener tomorrow but also receive a RM5 monthly reward if you maintain a monthly average balance of RM5,000 without any over-the-counter transactions in that month.

If you want to jump on the bandwagon and support the worthy cause, CIMB is offering additional rewards to those who apply before December 31, 2022.

Those who open a new EcoSave Savings Account-i before the end of this year will get RM15 Touch ‘n Go eWallet reload PIN and stand a chance to win RM1,000 cash prizes when you spend with your new CIMB Debit Mastercard (terms and conditions apply).

Surf over here to embark on your eco-banking journey.

CIMB Islamic Bank is a member of PIDM. EcoSave Savings Account-i is protected by PIDM up to RM250,000 for each depositor.