OCBC Offers Special Rates And Faster Approvals For ‘Green’ Loans
OCBC Bank (M) Bhd is offering special financing rates and faster approvals through its new home financing scheme to encourage ownership of green homes. The special rates, lower than the bank's standard home loans, and with speedier approvals of within 48 hours, are for those who opt to buy a residential property that is either certified as a green building or is (or will be) installed with solar panels. The green buildings may be completed or under construction.
OCBC Bank managing director and head of consumer financial services Anne Leh said the scheme is part of the bank's plan to build awareness of sustainability among consumers while providing them with avenues to exercise their commitment to environment, social and governance-related practices.
Source: New Straits Times