Project Notice
|
| PNR |
60229 |
| Project Name |
GEFF III REPower - Sparkasse Bank |
| Project Detail |
Location:
Bosnia and Herzegovina
Project number:
55224
Business sector:
Financial institutions
Notice type:
Private
Environmental category:
FI
Approval date:
05 Mar 2024
Status:
In Exploratory, Pending Final Review
PSD disclosed:
29 Feb 2024
Provision of a senior unsecured loan of up to EUR 2m to Sparkasse Bank d.d. BiH ("SPKB") for on-lending to the residential sector in Bosnia and Herzegovina ("BiH"). The loan is envisaged under the Western Balkans Green Economy Financing Facility III - REpower ("WB GEFF III"). This will enable the bank to promote green economy investments in the country.
Project Objectives
The proceeds of the loan will be used to provide financing to SPKB for gender-responsive on-lending to eligible sub-borrowers in the residential sector for investments supporting Green Economy Transition ("GET") - eligible residential renewable energies and energy efficient technologies. |
| Funded By |
European Bank for Reconstruction and Development (EBRD) |
| Sector |
Energy & Power |
| Country |
Bosnia And Herzegovina , Southern Europe |
| Project Value |
BAM 2,000,000
|
