On Sun Star: BPI grants P180-M to green development loan of Primavera residences

A RESIDENTIAL and condominium developer sees brighter prospects as lending institutions showed confidence to finance the construction of its expansion projects.

The Bank of the Philippine Islands (BPI) Family Bank recently granted P180 million green development loan to Italpinas EuroAsian Design and Eco-Development Corporation to partially finance the construction of its Primavera Residences Tower 2.

BPI which advances its Sustainable Energy Finance (SEF) by continuing to support the energy investments of its clients. In collaboration with International Finance Corporation (IFC), the four-year old innovative financing approach funds various efficient and renewable technologies all over the country.

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– Butch D. Enerio

Featured in Sun Star,  22 October 2013