Home industry environmental-sustainability emirates NBD-Egypt has launched a loan to promote sustainable energy
Environmental Sustainability
CIO Bulletin
2024-02-09
Driven by its commitment to sustainable development and clean energy, Emirates NBD-Egypt introduces a personal loan intended exclusively to cover the cost of installing solar panels.
Motivated by its dedication to clean energy and sustainability, Emirates NBD-Egypt launches a personal loan designed specifically to pay for the installation of solar panels. This program, which aims to promote the use of renewable energy and accelerate progress towards worldwide sustainable development objectives, is in line with Egypt's 2030 Vision and Sustainability Strategy.
Up to 100% of the total cost of the solar panels — between EGP 100,000 and a maximum of EGP 1 million — can be covered financially by the loan. Customers can take up to seven years to pay back the loan with low interest rates. Emirates NBD-Egypt wants to set the standard for cutting-edge finance options that satisfy consumer demands and advance sustainability.
Emirates NBD-Egypt's CEO and Managing Director, Amr El-Shafei, highlights the bank's dedication to sustainability and its support for Egypt's plan to diversify its energy sources. The Solar Panel Loan provides a responsible way to meet energy needs while protecting the environment and it is in line with Egypt's long-term aspirations for sustainable development.
Customers looking for clean and renewable energy solutions have an empowering opportunity with the Solar Panel Loan. Through easy access to sustainable energy sources and flexible payment arrangements, consumers may make a positive impact on environmental conservation efforts.
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