BOSL customers to benefit from Renewable Energy Financing

Written by on June 30, 2021

Bank of Saint Lucia (BOSL) customers will soon benefit from a new renewable energy financing programme which launches in July 2021. The programme gives customers the opportunity to acquire home Solar Photovoltaic (PV) systems and to facilitate the purchase of electric and hybrid vehicles at 100% financing.

Deputy Managing Director of Lending & Investments, Medford Francis stated, “providing affordable financing towards renewable energy initiatives is BOSL’s commitment to countering climate change and its harmful effects as well as supporting the adoption by households and businesses of power generating infrastructure that is both climate resilient and economically prudent.”

As the largest indigenous bank on island, ensuring that cleaner sources of energy are made available to customers and their families is of utmost importance. This is in keeping with the Global Sustainable Development Goals set by the United Nations with respect to renewable energy in conserving our nation’s natural resources, reducing our reliance on fossil fuels and decreasing the emission of harmful gasses. The sustainable development agenda is everybody’s business, and is a call for all global citizens to play their part.

Bank of Saint Lucia commits to doing its part to drive further engagement with stakeholders in this regard. The bank further encourages other institutions to support the move towards renewable energy, and in making this a reality for valued customers.

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