Baku:Unibank introduces its Green loan product to finance eco-friendly and sustainable projects for entrepreneurs. This initiative allows businesses to invest in projects that reduce environmental impact and promote a sustainable business model over the long term.

According to Azerbaijan State News Agency, the Green loan is available for terms of up to 5 years, with an annual interest rate starting from 12%, and includes a grace period of up to 6 months. Entrepreneurs benefit from a 0% loan processing fee, facilitating initial financial advantages for green investments.

This loan supports a variety of projects, including renewable energy, energy efficiency, waste management, recycling, sustainable transport options, charging infrastructure, water-saving technologies, wastewater treatment, sustainable agriculture, green buildings, and climate change adaptation. Circular economy projects are also eligible for financing.

These projects not only help businesses minimize their environmental footprint but also enhance resource efficiency, reduce operating costs, and improve resilience to market changes. By investing in green technology, businesses can achieve stronger competitiveness and long-term profitability.

Unibank's Green loan aims to support entrepreneurs in meeting current business demands while fostering a more sustainable future. This new product reflects Unibank's commitment to expanding sustainable finance and supporting the green transformation of businesses, contributing to the financing of sustainable economic activities in the country.