.KUALA LUMPUR: OCBC Financial Institution (Malaysia) Bhd (OCBC Bank) is introducing the innovative SME Energy Effectiveness Evaluation (SMEEA) tool to Malaysian SMEs, permitting them to examine their residential property's electricity usage as part of their adventure in the direction of obtaining an eco-friendly car loan. In a statement, OCBC Banking company said the device, developed due to the Structure and Construction Authority of Singapore (BCA), is actually now used in many markets where the OCBC Group functions. It produces the transition to durability less complex with much easier access to green fundings. OCBC Bank managing director and also head of developing service Chan Kok Leong pointed out property owners can access the tool using BCA's Super Low Power Property (SLEB) Smart Center to analyze how energy-efficient their residential property operations are. "SMEs that make use of the tool to illustrate their home's electricity performance degrees and attain a particular threshold are qualified to get an eco-friendly funding coming from OCBC Bank. It is actually free, prompt and uncomplicated, without any professionals needed to have for the assessment. "A key advantage of making use of SMEEA is actually that the SME obtains a file recognizing additional procedures that may be carried out to reduce the energy consumption of their property. The SMEs will additionally obtain a certification for their property instantaneously," he mentioned. Chan pointed out that with the SMEEA, SMEs may rapidly know their current placement in the sustainability journey and get access to the services they need to start a durability planning. "Our team are thrilled to share that Yongyang Sdn Bhd is actually the very first of our customers to avail themselves to this resource, as well as their reviews says to the tale," he incorporated. Yongyang director Regine Choo stated OCBC Bank was instrumental in supporting their durability attempts through providing customized financing options that made it feasible for all of them to size their projects. "OCBC Bank's experience in environment-friendly funding and willingness to begin where the customer is-- instead of where they wish our company are actually-- has actually helped us handle costs properly and also put in prudently in brand new technologies," she stated.