ABN AMRO Groenbank celebrates its fifth anniversary in Green Saving deposits and Green Loans

Krista Overwater, manager of ABN AMRO Groenbank, has been with Groenbank from day one. She says, “Groenbank plays a pioneering role that looks to the future. This means doing business while constantly looking ahead. It’s been so rewarding to consumer and business clients together within the bank from the very beginning.” Green savings from private individuals and investors are pooled in the Green Savings Deposit. They’re paid interest at a slightly lower rate than the going one and may also be eligible for certain tax benefits. These green savings are then used to help make business clients’ sustainability goals a reality with a Green Loan and/or a Green. In this way, green savers not only earn a good return on their investment, but also generate a social return for society as a whole.

Groenbank is an integral part of ABN AMRO Bank’s sustainability strategy and actively contributes to the bank’s sustainably invested assets. “Since our launch, we’ve granted more than EUR 600 million in Green Loans to over 400 satisfied clients. I’m proud to say these projects have included everything from co-facilitating circular business premises to developing a sustainable residential tower,” says Overwater.

The Green Savings Deposit is key if businesses with sustainable ambitions are to continue to receive support from Groenbank. Besides interest savers may also be eligible for tax benefits, although this varies from person to person. The Green Savings Deposit scheme is available from as little as EUR 500 and has a fixed term of one year.