Large banks boost sustainable credit market in Colombia

BBVA, Bancolombia, Banco de Bogotá, Davivienda and other financing companies offer lower rates for sustainable housing and electric cars. In the case of sustainable housing, they offer significant reductions in interest rates that can range from 65 to 200 basis points. In the case of electric vehicles, interest rate reductions can be more than 400 basis points below traditional rates.

Source: Portafolio