Mutual Trust MFBank unveils solar loan for businesses, customers

To promote responsible banking principles that prioritise sustainability and support the global shift towards net-zero greenhouse gas emissions by 2050, Mutual Trust MFBank Limited has introduced its Solar Loan product.

The bank stated that it is empowering individuals and businesses to reduce their reliance on costly and environmentally harmful energy sources.

By making it easier to acquire solar panels, batteries, and other renewable energy equipment, Mutual Trust is helping Nigerians to combat both the high cost of fuel and electricity while promoting a greener, more sustainable future.

Dubbed the “Solar Loan,” this product is designed to reduce reliance on traditional, fossil fuel-powered energy sources and promote clean and renewable energy.

By making solar technologies more accessible, Mutual Trust in a statement disclosed that it is helping Nigerians not only save on electricity and fuel costs but also reduce their carbon footprints, contributing to a greener environment.

Commenting on the Solar Loan, Managing Director/CEO of Mutual Trust MFBank, Josh Oyebisi, described it as part of the bank’s commitment to driving a clean energy revolution.