Maybank and Gentari to collaborate on sustainability solutions tailored to individuals and SMEs

• Maybank to install EV charging stations at selected branches
• Auto financing customers will be able to enjoy incentives when charging their EVs through Gentari

Maybank and Gentari have signed a Memorandum of Understanding (MOU) to explore collaboration in green mobility and renewable energy solutions.

Through this collaboration, Maybank Islamic’s InCharge pre-credits will be extended to include Gentari’s charging stations, giving more access and benefits for customers. Gentari claims to have the widest network of DC fast chargers in Malaysia. Maybank Islamic InCharge is an EV pre-credit incentive programme for EV and Hybrid vehicle owners with Maybank Islamic Auto financing with credits useable at selected charging stations.

With Gentari as the clean energy solutions partner, Maybank says that it will also be installing charging points for electric vehicles (EV) and hybrid vehicles at its network of premises and branches nationwide, beginning with ten strategically chosen locations.

“A just energy transition requires diverse stakeholders to come together to make clean energy more accessible, sustainable and affordable. This collaboration unites Maybank's suite of financing and insurance solutions with Gentari's green mobility and renewable energy offerings, marking the collaboration between like-minded partners who are dedicated to making the shift towards a sustainable lifestyle attainable,” said Shah Yang Razalli, deputy CEO of Gentari and CEO of Gentari Green Mobility.

This collaboration will also be extended to Maybank SME customers who will have access to consultancy and advisory services facilitation with Gentari as the clean energy industry expert in Maybank’s myimpact SME Hub.

Syed Ahmad Taufik Albar, Group CEO, Maybank Community Financial Services, emphasised the bank's commitment to becoming the sustainability leader in Southeast Asia, driven by sustainable financing and acting as a crucial agent for low-carbon initiatives. “We offer comprehensive solutions in green mobility and renewable energy,” said Taufik Albar. “Embracing our purpose to Humanising Financial Services, we support our customers with a complete ecosystem: best-in-class, value-based offerings that is both within and beyond traditional banking.”

Other areas of collaboration include cross-branding and marketing efforts of the entire suite of Maybank product offerings including financing, insurance and takaful, card partnerships and others.