Economy October 11, 2019 | 10:30 am

Biggest bank promotes hybrid, electric vehicle sales

Santo Domingo.-  To promote the use of clean energy in the country, the Banco Popular Dominicano will grant loans with rates lower than those for traditional vehicles and other benefits for the acquisition of hybrid and electric cars, vice president for marketing Giselle Moreno announced Thur.

This year the bank installed a charging station for e-vehicles near Popular’s tower, and arrays of solar panels at branch offices.

“These initiatives are part of the environmental sustainability strategy that the institution plans to develop in the coming years,” the bank said.

By yearend 2030 the entity intends to encourage the planting of more than one million trees; become the largest producer of solar energy; continue to lead the financing of clean energy projects, among other goals,” said Popular PR José Mármol, when detailing the bank’s plans.