Emirates NBD-Egypt introduces 100% covered solar panel personal loan

  • Date: 07-Feb-2024
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
  • Who else needs to know?

Emirates NBD-Egypt introduces 100% covered solar panel personal loan



Emirates NBD-Egypt provides clients with a personal loan to finance the purchase of solar panels, as per an emailed press release. The loan offers clients financial coverage of up to 100% of the solar panels’ total cost starting from EGP 100,000 to a maximum of EGP 1 million and a payment period of up to seven years with competitive interest rates The move aims to encourage individuals to use clean energy solutions. “The Solar Panel Loan is a key driver in achieving Emirates NBD – Egypt’s sustainability goals, which closely aligns with the state’s agenda and global development objectives,” the bank’s Chief Strategy and Sustainability Officer Amgad Doma commented.   Copyright © 2022 Arab Finance Brokerage Company All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info). Emirates NBD-Egypt introduces 100% covered solar panel personal loan