Enviromental Loans

Green power. Benefit from making a difference.

Finance your energy and non-energy related projects in Lebanon with IBL Bank’s Environmental Loans and benefit from low interest rates:
  • Green Energy Loans let individuals or companies finance energy saving solutions.
  • Green Non-Energy Loans sow the seeds for individuals or companies to finance projects that tackle pollution abatement, solid waste and waste water treatment, recycling, ecotourism, organic agriculture, and landscaping.


Highlights:
  • Amount: Up to 100% of project value
  • Sectors Covered: All sectors can benefit and everyone from individuals to companies
  • Tenor:
    • New project: 10 year repayment + 6 months to 4 years grace period
    • Existing project: 10 year repayment including 6 months to 2 years grace period
  • Interest:
    • Green Energy related loan, not subsidized (USD): 3%+ 75%*FFR - 50%*US$ CD Yield => Actual Effective Rate = 0.69%p.a. (Oct 2017).
    • Green Environmental related loan, not subsidized: (USD): 3%+ 75%*FFR - 50%*US$ CD Yield => Actual Effective Rate = 0.69%p.a. (Oct 2017).
    • Green Environmental loan for waste reduction: (USD): 2.5% + 50%*FFR - 50%*US$ CD Yield => Actual Effective Rate = 0 %p.a. (Oct 2017).
      FFR rate is reviewed on yearly basis
  • Restriction: Project must be located in Lebanon
  • Requirements: Certification by an Energy Service Company (ESCO) and the Lebanese Center for Energy Conservation (LCEC)