CIMB Niaga Provides Rp117 Billion Green Financing to Ever Shine Tex Subsidiary
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PublishedDec 5
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CIMB Niaga Provides Rp117 Billion Green Financing to Ever Shine Tex Subsidiary

AnalisaHub Editorial·December 5, 2025
Executive Summary
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Executive Summary

Key insights and market outlook

CIMB Niaga has provided a Rp117 billion sustainability-linked loan to PT Primarajuli Sukses, a subsidiary of Ever Shine Tex (ESTI). This green financing is linked to greenhouse gas emission reduction targets and supports the textile manufacturer's transition to low-carbon practices. The deal is part of CIMB Niaga's expanding sustainable financing portfolio, which stood at Rp54.7 trillion (24% of total financing) as of September 2025.

Full Analysis
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Deep Dive Analysis

CIMB Niaga Expands Green Financing with Rp117 Billion Sustainability-Linked Loan

Supporting Low-Carbon Transition in Textile Manufacturing

CIMB Niaga has provided a Rp117 billion sustainability-linked loan (SLL) to PT Primarajuli Sukses, a subsidiary of PT Ever Shine Tex Tbk. (ESTI). This significant green financing deal is structured around specific greenhouse gas (GHG) emission reduction targets for Scope 2 emissions, demonstrating the bank's commitment to supporting environmentally sustainable industrial practices.

Key Features of the Sustainability-Linked Loan

The SLL facility is directly tied to Primarajuli Sukses's carbon reduction targets, with progress monitored through Jejakin's CarbonIQ platform. This digital monitoring system enables transparent tracking of GHG emissions and ensures accountability in achieving sustainability goals. The partnership between CIMB Niaga and Ever Shine Tex Group highlights the growing importance of linking financial performance to environmental sustainability in Indonesia's manufacturing sector.

CIMB Niaga's Sustainable Financing Momentum

This transaction is part of CIMB Niaga's broader strategy to expand its sustainable financing portfolio. As of September 2025, the bank had allocated Rp54.7 trillion, or 24% of its total financing, towards supporting low-carbon transitions and Sustainable Development Goals (SDGs). The bank remains optimistic about continuing to grow this portfolio through collaborations with various industrial players.

Industry Impact and Future Prospects

The textile industry, known for its significant environmental footprint, is a key focus area for green financing initiatives. By supporting Primarajuli Sukses's transition to more sustainable practices, CIMB Niaga is helping to drive positive environmental change within this sector. The bank's GreenBizReady program further underscores its commitment to facilitating green transitions across various industries.

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Story Info

Published
1 month ago
Read Time
11 min
Sources
1 verified
Related Stocks
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Topics Covered

Sustainable FinanceGreen FinancingTextile Industry Sustainability

Key Events

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Sustainability-Linked Loan Issuance

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Green Financing Expansion

Timeline from 1 verified sources