Cathay United Bank Introduces 'Green Loans' with Low Account Management Fee for Mortgage and Electric Vehicle Credit

Reported about 1 year ago

Cathay United Bank has launched 'Green Mortgage' and 'Green Credit' as part of its green loan projects, offering a reduced account management fee of only 3000 NTD for approved applicants. The aim is to encourage the purchase of environmentally friendly products and support carbon reduction efforts. Approvals include green building certifications for housing purchases and electric vehicle contracts for credit applications, aligning with Taiwan's 2050 zero emissions goal. The bank also achieved milestones in renewable energy financing and automated paperless processes, earning environmental certifications for its personal loan services. As the first RE100 corporate member in Taiwan, Cathay aims to use 100% renewable energy at all Taiwan locations by 2030.

Source: YAHOO

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