Access Bank unveils Switch-To-Solar campaign

Access Bank, Nigeria’s largest slope by assets, has unveiled its ‘Switch to Solar by Access’ run to connection affordable financing opportunities to businesses and customers to follow a cleaner and much reliable root of energy done star photovoltaic (PV) and batteries.

Unveiling the campaign, Group Head, Consumer Banking, Njideka Esomeju said, “In alignment with our committedness to societal work and sustainable development, Access Bank Retail banking aims to beforehand cleaner vigor solutions wrong our communities.

“Recognizing the captious relation that renewable vigor plays successful reducing c footprints and fostering biology sustainability, we are launching a targeted inaugural to facilitate the acquisition of star powerfulness products done flexible financing options with the Switch to star product.

L-R: Abiodun Olubitan, Head, Women Banking; Gbenga Sheriff, Head, Risk Management, Environmental and Social Risk; Njideka Esomeju, Head, Consumer Banking; Bolarinwa Animashaun, Regional Sales Director, Lagos 2; Thelma Luck-Nwoye, Head, Consumer Assets; and Echezona Ezeuko, Regional Manager, Branch banking, Lagos 2, during the launch.

“We launched the initiative, which ensures that each household tin person star energy, archetypal of all, to trim costs for them, supply clearer vigor and the merchandise volition beryllium financed by the bank.”

She stated that successful ensuring this, the slope is successful collaboration with credited vendors crossed the state that are selling star products. “We are collaborating with them to guarantee that these are gotten astatine a bully rate. We purpose to guarantee that each households, commercialized businesses and concern factories are powered by solar.”

Regional Sales Director, Access Bank, Bolarinwa Animashaun said the switch-to-solar was calved based connected engagement with customers of the bank. “We needed to assistance them to supply alternate ways to powerfulness their operations. We each cognize the outgo of the tariff of electricity,” helium said.

The authoritative said being a planetary brand, the slope is contributing to the Economic, Social and Governance (ESG) seventh extremity that was adopted by the United Nations. The star merchandise tin beryllium acquired without unit to customers and outgo tin beryllium made implicit a play of 48 months.

Group Head, W Initiative, Access Bank, Abiodun Olubitan noted that the fiscal instauration is considering women and women-led businesses successful accessing the product. She added that the bank’s committedness towards sex empowerment is to inspire, link and empower women.

“The merchandise volition beryllium fixed to women astatine a discounted involvement complaint arsenic this volition alteration them to tally their businesses connected immoderate standard that they want.

“We are trying to guarantee that this merchandise is besides positioned to women’s reach. The quality of it is that we are not conscionable ensuring that we person a cleanable environment, this is besides our mode of empowering women.”

Olubitan stated 1 of the large people markets for switch-to-solar is underserved, saying that this colonisation is astir apt 60 per cent of women.

Head, Consumer Lending, Access slope , Thelma Luke Nwoye said the nonsubjective of the run was to “to instrumentality this consciousness successful collaboration with our partners to the doorstep of each assemblage astir us, 1 idiosyncratic astatine a clip and 1 clump astatine a time.”

“We besides program to amended radical astir the payment of star vigor and its interaction connected biology sustainability. We volition concern the full star products, close from panels, inverters, batteries and installation.”

She added that the run was precise important due to the fact that it speaks to sustainability, societal interaction and providing concern for individuals oregon customers wherever they tin acquisition and wage implicit a play of 12 months to 48 months.

Switch to Solar by Access run volition alteration businesses to entree up to N50 cardinal and individuals N10 cardinal for the financing of Solar Photovoltaic (PV), Batteries & inverters on with installation.

There is besides a competitory involvement rate, flexible repayment play of up to 48 months and arsenic debased arsenic 10 per cent equity publication connected invoice value.

Access Bank unveils Switch-To-Solar campaign