Banks

AIIB Sign Pact with Four Malaysian Banks to Raise $6 Billion

The Asian Infrastructure Investment Bank (AIIB) on Thursday said that it has signed agreements with Malaysian banks – Maybank, CIMB, AmBank and BPMB – to jointly mobilise up to $6 billion in financing for sustainable and technology-enabled infrastructure projects across the ASEAN region.

The agreements were signed following the ASEAN Summit in Kuala Lumpur, and reflect AIIB’s commitment to advancing green and inclusive infrastructure, strengthening regional connectivity and catalysing private capital mobilisation to meet ASEAN’s growing infrastructure needs.

Under these new partnerships, the institutions will support investments in key sectors such as renewable energy, power transmission and distribution, transport, digital infrastructure and telecommunications.

The initiative combines the Malaysian banks’ regional expertise in developing and managing large-scale infrastructure assets with AIIB’s capacity to provide long-term capital through both debt and equity financing instruments.

The signing ceremony was attended by representatives from various Malaysian corporates and financial institutions, including leading energy and infrastructure companies and the ASEAN Centre for Energy (ACE). ACE shared a strategic overview of APG and recent development of the 43rd ASEAN Ministers on Energy Meeting.

The initial term of the agreements will be up to October 2031. These partnerships are in alignment with AIIB’s Corporate Strategy, which has four core thematic priorities: green infrastructure, connectivity and regional cooperation, technology-enabled infrastructure and private capital mobilization.

By partnering with trusted regional financing institutions, AIIB continues to leverage private sector expertise and investment to scale sustainable solutions that foster climate resilience, economic inclusion and long-term regional development.

Shared Commitment

Kim-See Lim, Chief Investment Officer, Public Sector (Region 1) & Financial Institutions and Funds (Global) Clients at AIIB, said that the bank was honoured to partner with these leading Malaysian institutions.

He added: “These agreements reaffirm our shared commitment to financing infrastructure that is green, technology-enabled and regionally connected. We look forward to working together to support resilient and forward-looking infrastructure across the ASEAN region.”

Dato’ John Chong, Group CEO of Global Banking, Maybank, said that through this collaboration with AIIB, we aim to accelerate quality investments into ASEAN, particularly in infrastructure that drives digitalization and strengthens the region’s energy resilience through initiatives like the ASEAN Power Grid (APG), while delivering meaningful social impact.

“Leveraging Maybank’s network in the 10 key ASEAN markets and in China, we are well positioned to provide AIIB with deep local insights, our expertise and track record in advisory and project finance. There is also scope to jointly explore innovative financing solutions in the areas of transition finance, blended finance and Sukuk structures to address some of the region’s most critical infrastructure challenges,” he added.

Chu Kok Wei, CEO, Group Wholesale Banking, CIMB, said that the partnership with AIIB was a very natural fit as it brought what multilateral banks do best – long-term capital, strong credit standing, and the ability to take early-stage or policy risk.

AmBank Group CEO Jamie Ling said that this collaboration reflected their shared commitment to financing projects that not only drive economic growth, but also accelerate the region’s transition towards clean energy and climate resilience.

The collaboration will also contribute to advancing key regional infrastructure initiatives such as APG, a cross-border platform to strengthen energy interconnection and security within Southeast Asia. Through a Multiphase Programmatic Approach (MPA), AIIB intends to provide up to USD2 billion for APG-related investments in cooperation with both public and private sectors.

Global Business Magazine

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