The banking industry in Indonesia continues to innovate in developing green products that refer to international best practices

Product RETAIL

Credit with interest lower than market average, for financing:

- Environmentally friendly house (must have certification from the relevant institution)

- Electric based vehicles

- Solar Panels

- Other energy-saving products

Micro Credit

Micro-loan products to individuals and Small and Medium Enterprises to finance environmental projects, such as small-scale solar panel installations

WHOLESALE Green Deposit

• Referring to the Green Deposit Framework prepared by the Bank and verified by independent reviewers.

• Funds deposited on this product are allocated to finance environmental projects

Project Finance

• Refer to the Green Loan Principles

• Several foreign banks have divisions or teams dedicated to managing financing schemes for large-scale New and Renewable Energy (EBT) projects.

Green Trade Finance

• Financing facilities related to trade finance instruments (such as L/C) with underlying projects assessed based on certain guidelines.

• Focus on several sectors such as renewable energy, clean transport, waste management, and water management.

|•SOURCE•| Articles :BANKING | Image :GBG INDONESIA |

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