Energy
Pillar banks to offer low-cost retrofit loans
Bank of Ireland, AIB and credit unions will join PTSB in backing the state’s €500 million energy efficiency grant scheme
AIB, Bank of Ireland and credit unions will shortly offer low-cost energy loans under a new government-backed scheme, however the final interest rates for borrowers has yet to be decided, Eamon Ryan has said.
Under the scheme, which was announced last October and is supported by the European Investment Bank, homeowners will be allowed to borrow between €5,000 and €75,000 on an unsecured basis for a term of up to 10 years.
The government-backed €500 ...