Banca Transilvania Financial Group – through Banca Transilvania and BT Leasing – supports investments in the production of energy from renewable resources and energy efficiency by launching the Energy Month campaign at BT, which comes with financing between 50,000 lei and 5 million euros, according to a press release sent to Energynomics. Loans are granted without commission and with a negotiable loan term.

The initiative is addressed to legal entities, regardless of turnover, with sustainable projects and / or investments that are 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 an old equipment, car or machine with another, to obtain a reduction of energy consumption by at least 30%, provided that the scrapping / removal from inventory / sale of the old good (efficiency energy).

“Our commitment in the area of ESG – sustainability is firm for all stakeholders of Banca Transilvania Financial Group. The way we produce and consume energy is crucial 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,” says Ömer Tetik, General Manager, Banca Transilvania.

The campaign has two stages and starts on November 22:

• November 22 – December 24 a.c .: interested customers must register online for the campaign;
• December 24 a.c. – 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, as a preamble to the credit approval. January 31, 2022 is the date until which it is necessary to submit the credit or leasing application.

What are the loans for projects and investments in the production of energy from renewable resources and energy efficiency:

• 0% granting commission (reduced from the standard 1.5%);
• The credit duration is negotiable, 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 efficiency means:

• 0% leasing fee (reduced from the standard value of 2.5%);
• The credit duration is negotiable, depending on the destination of the financing;

BT objective: reducing the carbon footprint

Banca Transilvania is the first bank in Romania to provide financing for energy efficiency in the Romanian residential sector, from EBRD funds, in 2017. BT took the first steps in this regard 10 years ago, by supporting the increase of energy efficiency of economic activities of SMEs- as well as sustainable growth projects carried out by public institutions. In addition to financing from partnerships with the EBRD within the RoSEFF program, respectively with IFC and EEEF, Banca Transilvania Financial Group supports environmentally friendly projects, including from its own sources, and has complex models for environmental risk assessment.