Commonwealth Bank of Australia (ASX:CBA) unit ASB Bank extended its SMART Solar Loan program until June 30, 2027, which provides up to NZ$150,000 interest-free for five years on solar and battery systems, according to a Thursday statement.
The program is supported by Power My Farm, an online tool developed by Prism Earth for ASB, which uses laser mapping to identify the best location for solar panels on farmland.
Commonwealth Bank's shares fell 1% in recent trading on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.