Coronavirus boosts green loans and bike loans
From March through September:
- the total number of renovation loans were up 63% on their level in the same period in 2019
- the number of green instalment loans doubled (+107% compared to March-September 2019)
Customers are using green loans primarily to finance the installation of solar panels, the replacement of windows or boilers, insulation works, and the installation of heat pumps and solar boilers.
The number of bicycle loans has also grown spectacularly this year, going up by no less than 40% compared to 2019.
KBC wants to encourage even more investments in eco-friendly construction/renovation works or sustainable mobility. With that in mind, KBC and KBC Brussels are offering their customers green loans at a highly competitive rate of 1.29%*. This rate is also available to customers if at least half of their home improvements are for energy-efficiency or security purposes (e.g., when they install double glazing or high-efficiency glazing). By doing this, KBC wants to make an even bigger contribution towards the transition to a sustainable society.
 KBC is also understood to include KBC BrusselsTuesday, October 6, 2020