The bank encourages the purchase of environment-friendly vehicles, thus helping prevent global warming. Some of the benefits offered by the Gasoline Savings and Environmental Protection Financing Program are
With a solid and consistent strategy for over 20 years of implementing sustainable practices, the savings bank continues to promote this initiative through financing of eco-cars to reduce the negative impact of Greenhouse Gas (GHG) emissions ) in the form of carbon dioxide (CO2), is one of the most harmful to the environment.
“We have created ecological car loans (electric or hybrid) in Caja de Ahoros since 2019, thus promoting a business model with sustainable initiatives and environmental protection. For this, we have created special financing for Panamanians who Who wants to have this type of car”, commented Bryant Dominici, executive manager of consumption at Caja de Ahoros.
With the establishment of this type of financial assistance, Caja de Ahoros wants to inform the population wishing to buy an environmentally friendly vehicle that they can buy it for a period of 84 months with a minimum 25% down payment and at a competitive rate. rate of 4.50%, a rate well below current standards for general motor cars.
Benefits for the customer
Saving gasoline and conserving the environment are some of the benefits offered by the bank to the customer requesting an ecological car loan. “Plus, we don’t charge closing or handling costs, which are requested in other loans,” stresses Dominici.
The manager said that by buying a sustainable car, both the customer and the bank would feel great satisfaction as “we are contributing to the reduction of GHG emissions.”
“Common combustion cars release CO2 into the environment, a gas that exacerbates global warming,” he said.
According to the manager, the requirements are aimed at employees and they must have at least two years of job stability and good credit references. While those who work independently must have at least two years of job stability and the last two must submit income statements, good credit references and documents such as ID or license.
Other initiatives to benefit the environment
In addition to financing green cars, the savings bank also provides loans for solar panels, further promoting savings in electrical energy from combustion. “By financing a solar panel we are promoting clean energy, thus improving environmental quality against the effects of climate change, Dominici stressed.
“We were the first bank in Panama to provide financing for electric cars and now we are also the first to finance solar panels. In addition, in some branches we have a program for the use of solar panels”, he said.
The Savings Bank recently installed its first electric car charger station in association with Evergo, providing two charging points for its customers at its headquarters in Via España, Torre Guillermo de Roux, as a first step.
The target is to install these chargers in 15 branches across the country.
With this tie-up, the first level 3 charger with a capacity of 50kW and a touch screen was inaugurated in Panama. With this move, Evergo and Caja de Ahoros are at the forefront of electric mobility, providing state-of-the-art charging points to users of electric vehicles.
These new chargers come with a revolutionary technology to strengthen the charging infrastructure for electric vehicles in the country. This is the most advanced model, allowing a vehicle to be charged 20–80% (depending on battery size) in about 45 minutes.
“At Caja de Ahoros we have led important projects to contribute to energy efficiency, the responsible use of natural resources and support the national government’s initiatives for the country’s environmental and economic sustainability,” Dominici said.
“At Caja de Ahoros we have led important projects to contribute to energy efficiency, the responsible use of natural resources and support the national government’s initiatives for the country’s environmental and economic sustainability.” Bryant Dominici
