The National Bank of Panama (BNP) presented for the benefit of citizens, the new personal loans for solar panels of residences, 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 collaborate with the sustainability of the environment and society.

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

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

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,” said 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 Ocú and Pedasí branches. The new headquarters are being built based on strategies to optimize natural lighting, in order to save energy consumption.