ProCredit Bank launches the first green current account package for individuals. Strategically named ProGreen Anniversar, in the context of 2 decades of activity in Romania, the new product assures customers that their financial activity will not support projects that harm the environment.
ProGreen Anniversar is intended for individuals who want to support the development of a sustainable economy and who understand that the money in their accounts indirectly contributes to the financing activity that commercial banks carry out.
Through receipts in ProGreen accounts, customers exclusively support the bank’s green loan portfolio, which, at the end of Q2 2022, exceeded 22% of the total volume of loans in progress. The new account targets relevant projects such as investments in renewable energy, high energy efficient machinery and equipment, sustainable housing, sustainable manufacturing, and agriculture or investments in recycling industries.
All of these are evaluated on clear criteria by ProCredit Bank teams, which apply detailed analysis methodologies designed to estimate each project’s ecological and social consequences over a more extended period, preceding the application of loans.
“15 years ago, ProCredit Bank was one of the first commercial banks in Romania to choose the path of sustainability. Since then, our commitment to ethical, green banking policies has grown stronger. Today, green banking is part of ProCredit’s DNA. Completing the banking offer with a current green account intended for individuals is a natural and necessary step, strengthening our position as a bank oriented towards the sustainable development of society. With the new anniversary package, we are committing to both customers and the environment. Each ProGreen account will contribute to the development of the green credit portfolio, and the funds rolled through them being allocated only to sustainable projects. Our main goal for ProGreen is to get to the point where we can support green lending solely from the volume of funds from these accounts. With the launch of the ProGreen Anniversary package, the bank closes the circle of sustainability and calls on its customers and the general public to join the activity of supporting the environment by using truly sustainable financial services,” said Ștefan Manole, Director General of ProCredit Bank.
ProGreen Anniversary, 0 costs for an environmentally friendly account
In addition to the sustainability aspect, ProGreen Aniversar offers all the benefits associated with a current account package and includes the following banking benefits:
- Current account in LEI;
- Savings account in LEI;
- Visa debit card;
- Internet Banking and Mobile Banking;
- Free national payments;
- Free cash withdrawals from any ATM in Romania;
- Free cash deposits at ProCredit Bank terminals;
- Google Pay and Apple Pay services:
In addition, because ProGreen is a sustainable banking product, the card included in the package is also environmentally friendly, made of 85.5% recycled plastic. At the same time, the chosen design aims to strengthen the message of responsibility that ProCredit Bank promotes, at the same time as increasing the level of awareness in terms of caring for the environment.
All ProGreen Anniversary accounts opened until 31.12.2022 benefit from a 0 administration cost for the entire period of activity of the account.