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AGT and Union National Bank to offer green loans

Initiative designed to induce savings and increase energy efficiency

Eqbal Al Yousuf, president, Al Yousuf LLC; D.Y Kim, president LG Gulf; and Mohammed Zein, SVP and head of corporate business, Union National Bank.
Eqbal Al Yousuf, president, Al Yousuf LLC; D.Y Kim, president LG Gulf; and Mohammed Zein, SVP and head of corporate business, Union National Bank.

Al Yousuf GreenTech (AGT), has announced its association with the Union National Bank (UNB) to launch the first-of-its-kind loan service, titled Green Loan, in the region.

The service offers tailor-made solutions to clients on a wide-range of energy efficient products from globally renowned brands offered by AGT.

AGT provides end-to-end building and home automation solutions, from designing and installation to after-sale service, using energy-saving solutions.

AGT’s product portfolio ranges across a wide-range of indoor and outdoor LED lights, efficient air-conditioners, solar lights, light sensors and accessories.

LG Electronics is among the leading global brands that AGT is associated with, bringing its high-quality innovative lighting and electrical range to the customers.

Eqbal Al Yousuf, president of Al Yousuf Group, said: “We are very pleased to launch the exclusive loan service in association with Union National Bank. At GreenTech, we strongly believe in bringing the most high-quality, cost-efficient and energy-saving solutions to our customers. And through the Green Loan service, our customers would be able to witness a drastic saving right from the time of installation. It is an unfailing solution to ensure optimum efficiency and saving for our customers.”

“With LG’s reputable and high-quality products, UNB’s regional and financial expertise and our established leadership in design and implementation, this would be a highly profitable partnership for all,” he added.

Mohammed Zein, SVP and head of corporate business group, from UNB, added: “UNB remains firmly committed to being ‘the bank that cares’, and will continue investing in efforts and resources into activities that have a direct bearing on the community we operate in.”
 

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