HSBC Egypt launches Green Personal Finance

Monday 20 June 2022 12:17 CET | News

HSBC Egypt has launched Green Personal Finance for its retail customers in Egypt, aiming to support clients on their journeys to a net zero carbon future.

HSBC Green Personal Finance offers an interest rate discount on standard personal finance products and flexible repayment periods. HSBC Green Personal Finance is available exclusively for the purchase of electric vehicles, or solar panels for homes and associated installation expenses.

HSBC is committed to helping the transition to a global net-zero economy and expects to provide between USD 750 billion and USD 1 trillion in sustainable financing and investment worldwide by 2030 to support its clients in their transitions.

HSBC is also leveraging its network throughout the Middle East to identify startup firms in the region that are developing carbon-cutting technologies as part of the climate innovation workstream, within the bank’s global Climate Solutions Partnership.

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Keywords: banks, product launch, sustainability , ESG, retail
Categories: Banking & Fintech
Companies: HSBC
Countries: Egypt
This article is part of category

Banking & Fintech


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