EBRD, EU and Donors Support SMEs and Green Homes in North Macedonia

The European Bank for Reconstruction and Development (EBRD) is providing two loans of €3.5 million combined to ProCredit Bank Skopje in order to support small and medium-sized enterprises (SMEs) to reach EU standards and residential home-owners to make their buildings more energy efficient. The new funds come at a critical time …

EBRD to Improve Water Supply in Banja Luka

The 200,000-strong population of Banja Luka, the second largest city in Bosnia and Herzegovina, is to enjoy  better water supply and wastewater collection thanks to a loan of up to €6 million provided by the European Bank for Reconstruction and Development (EBRD). The Bank’s loan will be provided under EBRD Green Cities, a strategic …

Investments in Better Living Conditions and Sustainable Solutions

KfW is a financial institution for domestic business, namely in Germany, but also for countries in the processes of development and transition. In addition to its headquarter in Frankfurt, it has regional offices in almost 70 countries in Africa, Asia, Latin America and South-East Europe. KfW Development Bank acts on …

EBRD and Donors Boost Green Financing in the Region

The Western Balkans is a key region for, and partner in, the EBRD’s green work. South-eastern Europe has huge potential for developing green energy, with its rivers providing hydroelectric power, its mountains and plains enabling wind power, its underdeveloped solarenergy, and the inhabitants of its many cities keen for sustainable …

EBRD provides €25 million loan to Sarajevo water

The EBRD is financing the reconstruction of the water supply network in Sarajevo, the capital of Bosnia and Herzegovina, with a €25 million sovereign loan provided to the Sarajevo Canton Water and Wastewater Company. The loan agreement was signed today on the final day of the EBRD 2017 Annual Meeting …

The EBRD for Renewables in Georgia

The EBRD is a leading institutional investor in Georgia. Since the start of its operations in the country, the Bank has invested over €2.73 billion in 195 projects in the financial, corporate, infrastructure and energy sectors, with 91 per cent of those investments in the private sector. TBC Bank, the …

EBRD and AIFC Launch Study for Green Financial System in Kazakhstan

In a new step to support Kazakhstan’s path towards a greener economy, the European Bank for Reconstruction and Development (EBRD) is launching a study that will assess the potential of developing a green financial system for the country. A system of this kind would boost financing for “green” projects in …