Green Bank

Green bank

A green bank is a financial institution, typically public or quasi-public, that employs innovative financing techniques and market development tools in collaboration with the private sector to expedite the deployment of clean energy technologies. Green banks use public funds to leverage private investment in clean energy technologies that, despite their commercial viability, have struggled to establish a widespread presence in consumer markets. Green banks aim to reduce energy costs for ratepayers, stimulate private sector investment and economic activity, and expedite the transition to a low-carbon economy.

EastWest Bank

EastWest Bank, formally known as East West Banking Corporation, is the 11th largest bank in the Philippines in terms of assets. It was founded in 1994 in Manila by the late tycoon Andrew Gotianun and his wife. The bank is a member of the Filinvest Group, led by the Gotianun family. Its headquarters is located at The Beaufort, a condominium building by Filinvest in Bonifacio Global City.

Bank

A bank is a financial institution that accepts deposits from the public and creates a demand deposit while making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.

Green

Green is the color between cyan and yellow on the visible spectrum. It has 295–350 different shades. It is evoked by light which has a dominant wavelength of roughly 495–570 nm. In subtractive color systems, used in painting and color printing, it is created by a combination of yellow and cyan; in the RGB color model, used on television and computer screens, it is one of the additive primary colors, along with red and blue, which are mixed in different combinations to create all other colors. By far the largest contributor to green in nature is chlorophyll, the chemical by which plants photosynthesize and convert sunlight into chemical energy. Many creatures have adapted to their green environments by taking on a green hue themselves as camouflage. Several minerals have a green color, including the emerald, which is colored green by its chromium content.

green

Noun

1. The color of grass and leaves; a primary additive color midway between yellow and blue which is evoked by light between roughly 495–570 nm.
2. A member of a green party; an environmentalist.

Adjective

1. Of a green hue.
2. Sickly, unwell.

bank

Noun

1. An institution where one can place and borrow money and take care of financial affairs.
2. A branch office of such an institution.

Verb

1. To deal with a bank or financial institution, or for an institution to provide financial services to a client.
2. To put into a bank (financial institution).