BAC Guatemala Leads Business Transformation Towards Sustainability

by time news

2023-12-15 16:53:44

In a context where sustainability redefines the business landscape, BAC assumes a leadership role in designing financial solutions that not only support businesses, but also drive real change in its three dimensions: environmental, social and economic.

Perspective Writing

As part of its responsible contribution to the sustainable activation of the country, BAC positions itself as a strategic ally by offering “Sustainable Credits” to meet the growing demand from companies that have integrated sustainability as a fundamental part of their strategy.

«As a leading financial advisor in the region, we introduced Sustainable Credits, designed to reduce the environmental footprint and operating costs, guiding companies to promote positive environmental and social impacts. At BAC, we focus our efforts on financing credits for water management and for the promotion of energy efficiency, thus contributing to a more sustainable future,” highlighted José Carlos Barrios, vice president of Commercial Strategy and Marketing of BAC Guatemala.

Sustainable Credits for sustainable water management seek to finance efficient water consumption systems and technologies, such as wastewater treatment projects and efficient irrigation systems. For their part, credits for energy efficiency or sustainable energy management promote the installation or modernization of efficient systems, as well as projects that reduce energy consumption by 20%.

These loans offer competitive interest rates and flexible financing terms of up to seven years, along with the possibility of financing up to 100% of the project and up to twelve months of grace on capital payments. In addition, the certification and label costs that each company is interested in obtaining can be included.

BAC stands out for its strategic alliances with service providers specialized in water management and energy efficiency, which translates into even more favorable conditions for clients seeking to move towards business practices in harmony with the environment.

«At BAC, we reimagine banking to generate prosperity for all Guatemalans. Our triple positive value strategy seeks to promote economic, environmental and social development in Guatemala, committing ourselves to being a net positive bank. “We are committed to accompanying our clients, current and future, on their path to achieving sustainability in their operations,” concluded José Carlos Barrios, vice president of Commercial Strategy and Marketing at BAC Guatemala.

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