ACBA-Credit Agricole Bank issued the following announcement on Aug. 10.
At the beginning of the year in the Kasakh community financial resources provided by ACBA-CREDIT AGRICOLE BANK were created energy efficient infrastructures. The transition to a kindergarten and other community-owned buildings, the community's nighttime lighting network for clean energy sources has been implemented.
Thanks to the creation of green infrastructures, only the Kasakh community will release about 105 tons of CO₂ toxic gas per year and will save at least 6,000,000 AMD each year.
At present, ACBA-CREDIT AGRICOLE BANK has been implementing 12 clean energy infrastructure projects in 12 communities, besides, the Bank is considering other 30 community applications.
Funding is carried out exclusively in Armenian Drams without service fees, with an annual interest rate of 9% and with a maturity of up to 5 years.
Original source can be found here.
Source: ACBA-Credit Agricole Bank