EBRD lends €17 million to ProCredit Bank Kosovo
Kosovo, Dec. 11 -- The European Bank for Reconstruction and Development (EBRD) is stepping up its support for small and medium-sized enterprises (SMEs) and mid-caps in Kosovo with a new €17 million financing package for ProCredit Bank Kosovo (ProCredit).This financing package offers targeted solutions to Kosovo's local businesses, comprising a €10 million loan under the Western Balkans Green Outcomes-Linked Debt (WB GOLD) Financing Framework - the first WB GOLD transaction in Kosovo - and a €7 million loan through the EBRD's Go Digital in the Western Balkans programme.The WB GOLD loan will help local SMEs and mid-caps to invest in energy-efficient technologies and renewable energy, while also supporting their efforts to gr...
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