Through the collaboration, Security Bank will offer flexible financing packages to help businesses transition to solar energy and other environmentally responsible initiatives.
Solenergy, a recognized leader in renewable energy technologies, will supply state-of-the-art solar photovoltaic (PV) systems designed to lower energy costs, reduce carbon footprints, and support the country’s renewable energy targets.
Eduardo Olbes, EVP, CFO and sustainability committee chair of Security Bank, expressed confidence that the partnership would benefit businesses both financially and environmentally.
“We are pleased to partner with Solenergy to empower businesses with sustainable energy solutions that support both environmental and financial goals. With this collaboration, we aim to provide businesses with affordable access to clean energy, reduce operational cost, and support the Philippines’ efforts to build a greener, more sustainable future,” Olbes said.
The initiative aligns with Security Bank’s ongoing commitment to sustainability, helping to drive the country’s shift toward cleaner, more energy-efficient industries. Businesses adopting solar solutions under the program are expected to see significant operational savings while contributing to the Philippines' broader efforts to combat climate change.
John Cary Ong, Security Bank EVP and wholesale banking segment head, said," This collaboration reflects our commitment to becoming the preferred partner in sustainable finance. By supporting clean energy solutions, we're helping our clients future-proof their businesses while accelerating the shift to a low-carbon economy." —Ed: Corrie S. Narisma
