Businessicy – PT Bank DBS Indonesia has officially announced its membership in the Electric Mobility Ecosystem Association (AEML). This membership marks a historic moment for DBS Indonesia, as it is now the first and only bank to join this association. Which is comprised of industry leaders in the electric vehicle (EV) supply chain. This strategic partnership highlights DBS Indonesia’s commitment to promoting sustainable financing. Also supporting the rapid growth of the EV sector in Indonesia.
As the pioneering financial institution in the association, DBS Indonesia brings a crucial perspective. Underscoring the importance of accessible and innovative financing solutions to accelerate the global adoption and success of EVs.
“Our membership in AEML is a significant milestone not only for Bank DBS but also for the broader EV industry,” said Heru Hatman. Executive Director of the Institutional Banking Group at DBS Indonesia, in an official statement on Thursday, August 22, 2024.
“We recognize that the transition to electric vehicles is a key component of a sustainable future. Also the financing plays a vital role in making this transition a reality. We are excited to collaborate with industry leaders to develop financing solutions that will drive innovation. Overcome challenges, and support the growth of the EV sector,” he added.
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As part of this collaboration, DBS Bank, which was recently award the title of Indonesia’s Best Bank for ESG by the EuroMoney Awards for Excellence 2024. DBS will work closely with other association members to develop and implement strategies that address the financing challenges faced by the EV industry. This includes exploring green financing options. Supporting infrastructure projects essential to the widespread adoption of electric vehicles. And also brainstorming shared solutions for challenges that EV stakeholders may encounter.
AEML has welcomed DBS Indonesia as a member. Recognizing the bank’s leadership in sustainable finance and its track record of supporting environmental, social, and governance (ESG) initiatives.
“We are thrilled to have DBS Bank to join our association. Their expertise in financing and commitment to sustainability will be invaluable as we work to advance the electric vehicle industry,” said Dannif Danusaputro, Chairman of AEML.
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