Project Notice |
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| PNR | 63402 |
| Project Name | FIF - Sustainable Reboot SME - ProCredit Kosovo II |
| Project Detail | Location: Kosovo Project number: 55554 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 09 Jul 2024 Status: Approved English-language PSD published: 30 Jul 2024 A senior unsecured loan of up to EUR 8 million to ProCredit Bank Kosovo ("PCBK") for on-lending to small and medium-sized enterprises ("SMEs") in Kosovo under the Sustainable Reboot SME Programme. Project Objectives The proceeds of the Banks investment will be used to provide sub-loans to help finance investments in small and medium-sized enterprises in Kosovo that will assist in improving the competitiveness and compliance with technical standards in line with the European Unions ("EU") directives and other international recognised standards. At least 70% of these investments will be used for Green Economy Transition ("GET") eligible technologies. Sub-projects will be selected according to the technical and financial eligibility criteria set forth in the Policy Statement for the Sustainable Reboot SME Programme. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Forestry |
| Country | Kosovo , Eastern Europe |
| Project Value | EUR 8,000,000 |
Contact Information |
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| Company Name | PROCREDIT BANK SH A KOSOVO |
| Web Site | https://www.ebrd.com/work-with-us/projects/psd/55554.html |
