Sustainability loan campaign

Now, the bank is offering you the opportunity to apply for a sustainability loan. The purpose of this offering is to enable you to invest in energy efficiency, renewable energy and sustainable agriculture projects to support Namibia’s transition towards a low-carbon and climate-resilient economy. As always, the bank will ensure that loan terms are favourable and are designed to allow for the loan repayments to be in line with the cost savings that occur due to the investment in energy efficiency.

Sustainability loan offering:                               

• No official deposit requirements
• Flexible terms of up to 72 months
• Three-month payment holiday
• Loan value up to N$500 000,00
• Flexible interest rates, depending on credit valuation
• Admin fee charged at 1% of the approved loan value
• Collateral required for up to 100% of loan value depending on the client
• In the case of solar PV installations, the system will be used as collateral under certain article finance conditions
• Green assets besides solar PV systems will require collateral
• The loan can be made partly on an unsecured basis to specific clients (Ts & Cs apply)
• Standard credit criteria (Ts & Cs apply)