Banks financing more to RE projects

Philippine banks have become increasingly supportive of renewable energy (R.E.) financing, taking their cue from investors who funnel more funds into more sustainable power generation projects, energy and financial experts said at the Nordic Business Council Philippines forum.  BDO Unibank, for one, has an exposure of about P33 billion to R.E. projects. The bank partnered with the International Finance Corp. for advisory services while BDO provides funding to clients. Read more here.

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