BNP offers personal loans for residential solar panels for up to US$25,000 – Banking

by time news

2023-07-25 17:03:01

(Panama City-ANPanama) The National Bank of Panama (BNP) presented for the benefit of citizens, the new personal loans for residential solar panels, for a maximum amount of up to US$25,000 with a term of up to 10 years, as part of the need to generate banking opportunities for the country that contribute to the sustainability of the environment and society.

The General Manager of BNP, Javier Carrizo Esquivel, indicated that with this line of products, the bank cements its commitment to comply with ESG/ASG (Environmental, Social and Governance) criteria that ensure the sustainability and future viability of the company.

“To ensure the sustainability of the project, there will be a list on the website with the supplier companies, approved for the financing of this product,” explained Carrizo.

He added that the BNP is working on specialized products that promote the use of technologies that reduce environmental impact and meet the profile of being a differentiating product both for its interest rate and for its pollution reduction characteristics.

“Our first proposal is aligned with the Sustainable Development Goals (SDGs) that seek to improve the planet, such as number 7 (Affordable and non-polluting energy), number 13 (Climate Action) and 15 (Life of terrestrial ecosystems), among others”, assured the General Manager of the BNP.

According to the bank, they will gradually be presenting their other sustainable credit products, for the benefit of society and the environment.

Currently, the Capira branch operates with renewable energy (solar panels) and work is underway to implement this system in the OcĂș and PedasĂ­ branches. The new offices are being built based on natural lighting optimization strategies, in order to save energy consumption.

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