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Advantageous BT financing for projects and investments in the renewable resources energy production and energy efficiency

Comunicat de presa 2021-11-22
Advantageous BT financing for projects and investments in the renewable resources energy production and energy efficiency

Banca Transilvania Financial Group - through Banca Transilvania and BT Leasing – supports the investments in renewable resources and energy efficiency by launching the BT Energy Month campaign, which comes with financing between 50,000 RON and 5 million EUR, in advantageous conditions for the customers. These lending products mean zero commissions and negotiable loan duration.

The initiative is addressed to legal entities, regardless of turnover, with sustainable projects and/or investments, environmentally friendly, such as: wind farms, photovoltaic systems, heat pumps, biomass boilers or those activities related to solar thermal energy (renewable energy category), full electric or plug-in hybrid cars or the replacement of an old equipment, car or machine with another one, in order to obtain a energy consumption reduction by at least 30%, provided the scrapping/removal from the  inventory/sale of the old equipment (energy efficiency).

“Our commitment in the area of ESG - sustainability is firm for all shareholders of Banca Transilvania Financial Group. The way we produce and consume energy is crucial for the success of society in its transition to a green economy. That is why we are now testing the interest of the bank’s clients for cheaper solutions, destined to increase the energy efficiency”, declares Omer Tetik, Chief Executive Officer, Banca Transilvania. 

The campaign has two stages and starts on November 22:

  • 22 november – 24 december 2021: interested customers must register online for the campaign;
  • 24 december 2021. – 31 january 2022: the BT team contacts the registered applicants, for obtaining details about the investment, its type, size, own contribution, the necessary financing and the guarantee, as a process prior to the credit approval. 31 january 2022 is the date until which it is necessary to submit the credit or leasing application.


What do the loans for projects and investments in the renewable resources energy production and energy efficiency mean:

  • 0% granting fee (reduced from the standard 1,5%);
  • The loan duration is negotiable, depending on the financing purpose;  
  • 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% on the leasing tax (reduce from the standard 2,5%);
  • The loan duration is negotiable, depending on the financing purpose;  


BT objective: reducing the carbon footprint

Banca Transilvania was the first bank in Romania to provide financing for energy efficiency projects in the Romanian residential sector, from EBRD funds, back in 2017. BT took the first steps in this regard 10 years ago, by supporting the increase of energy efficiency of economic activities of the 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 the environmentally friendly projects, including from its own funds, and has in place complex models for environmental risk assessment.

One of BT’s strategic objectives is to reduce the carbon footprint generated by the bank-financed portfolio and other BT Financial Group companies.