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During the “Energy Month” Banca Transilvania to finance energy efficiency and green energy production

23 November 2021
Electricity
energynomics

Banca Transilvania Financial Group – through Banca Transilvania and BT Leasing – has launched the “Energy Month at BT”, which comes with financing between 50,000 lei and 5 million euros, in advantageous conditions for customers. These mean zero commission and negotiable credit duration for investments in the production of energy from renewable resources and energy efficiency.

The initiative is addressed to legal entities, regardless of turnover, with sustainable projects and/or investments, environmentally friendly, such as wind farms, photovoltaic systems, heat pumps, biomass boilers or related to solar thermal energy (renewable energy category), full electric or hybrid plug-in machines or the replacement of old equipment, car or machine with another, to obtain a reduction of energy consumption by at least 30%, provided the scrapping/removal from inventory/sale of the old good (in the category Energetic efficiency).

“Our commitment in the area of ESG – sustainability is firm for all stakeholders of Banca Transilvania Financial Group”, says Omer Tetik, General Manager, Banca Transilvania, in a press release. “The way we produce and consume energy is decisive for the success of society in the transition to a green economy. That is why we are now testing the interest of company customers for cheaper solutions, designed to increase energy efficiency”, added Omer Tetik.

The campaign has two stages and started on November 22nd

  • November 22 – December 24, 2021 interested customers must register online for the campaign
  • December 24, 2021 – January 31, 2022 the BT team contacts the registered clients, for details about the investment, its type, size, own contribution, the necessary financing and the guarantee, that the preamble to the credit approval. January 31, 2022, is the date until which it is necessary to submit the credit or leasing application.

Lending conditions

Appropriations for projects and investments in the production of energy from renewable resources and energy efficiency require

  • 0% granting commission (reduced from the standard 1.5%);
  • negotiable lending duration, depending on the destination of the financing
  • the implementation period of the investment must be up to 12 months, flexible depending on the size of the investment

Leasing for projects and investments in the purchase of full-electric or plug-in hybrid cars and energy-efficient means

0% leasing fee (reduced from the standard value of 2.5%)

the credit duration is negotiable, depending on the destination of the financing

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