Cagamas Berhad (Cagamas) signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to jointly identify challenges for scaling up green residential mortgages in Malaysia, including for the affordable housing segment and housing in smaller towns. Cagamas' President/ Chief Executive Officer, Datuk Chung Chee Leong and ADB Director, Private Sector Financial Institutions Division, Private Sector Operations Department, Christine Engstrom sealed the agreement at the “Developing and Financing Green Housing in Asia” conference. The signing ceremony was witnessed by the Honourable Finance Minister, YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Executive Chairman, Securities Commission Malaysia, Dato' Seri Dr. Awang Adek Hussin, Cagamas Chairman, Dato’ Bakarudin Ishak and ADB Director, Regional Cooperation and Operations Coordination Division, Southeast Asia Department, Mr Alfredo Perdiguero.