Emirates NBD-Egypt, driven by its commitment to sustainability and clean energy, introduces a personal loan tailored to finance the purchase of solar panels. This initiative aligns with Egypt’s Sustainability Strategy and 2030 Vision, aiming to accelerate progress towards international sustainable development goals and foster a culture of clean energy usage.
The loan provides financial coverage of up to 100% of the total cost of solar panels, ranging from EGP 100,000 to a maximum of EGP 1 million. Clients can repay the loan over a period of up to 7 years, benefiting from competitive interest rates. Emirates NBD-Egypt aims to lead the way in offering innovative financing solutions that address customers’ needs while promoting sustainability.
Amr El-Shafei, CEO and Managing Director of Emirates NBD-Egypt, emphasizes the bank’s commitment to sustainability and supporting Egypt’s vision for diversifying energy sources. The Solar Panel Loan aligns with Egypt’s long-term goals for sustainable development and offers a responsible solution to meet energy needs while preserving the environment.
Amgad Doma, Chief Strategy & Sustainability Officer of Emirates NBD-Egypt, highlights the loan’s role in advancing the bank’s sustainability objectives and contributing to global efforts to combat climate change. By empowering individuals to adopt solar energy, the loan encourages active participation in reducing carbon emissions and promoting environmental preservation.
The Solar Panel Loan presents an empowering opportunity for customers seeking clean and renewable energy solutions. With comprehensive finance coverage and flexible payment terms, individuals can easily access clean energy options and contribute to environmental conservation efforts.
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