Green energy to be promoted by bank

Banco Centroamericano de Integración Económica and Banco Promerica have reached an agreement for technical cooperation and promotion of a financial market for renewable energy and efficient energy products.

The Banco de Desarrollo para Centroamérica is seeking to create financial products for green energy. The targets are small and medium enterprises.

A news release said that the amount involved was $54,000 for promotional purposes. The money comes from European and German sources, said the development bank.

Banco Promerica is a private entity.

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