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Green Financial Products
Favorable mortgage conditions for acquiring energy-efficient properties.
Contacts: Center-Invest Bank
Center-Invest Bank offers a "green" mortgage for businesses to purchase properties with energy efficiency ratings of A++, A+, and A. According to the bank's website, this mortgage is 0.5% cheaper than the average market rate for such properties.
Cases and effects:
Center-Invest Bank – A Russian bank predominantly active in seven southern regions of the country. It positions itself as an eco-responsible bank, being the first in Russia to issue green bonds, develop the bank's ESG balance, and create ESG ratings for businesses. The bank also provides a free educational platform for financial literacy and entrepreneurship, and offers scholarships for university and college students.
