The European Bank for Reconstruction and Development (EBRD) has allocated €8m ($9.3m) to Sparkasse Bank Skopje for the green finance facility (GFF) in North Macedonia. The funding will be used to offer loans to small and medium-sized enterprises (SMEs) that are investing in renewable energy and energy efficiency. The GFF pools resources from the Joint SDG Fund, the government of North Macedonia, the EBRD, and various local banks. The programme is delivered through partnerships involving the United Nati ...

The European Bank for Reconstruction and Development (EBRD) has announced a €20m ($23m) financing arrangement to NLB Banka Prishtina to increase funding options for small and medium-sized enterprises (SMEs) in Kosovo to support the country’s digital development initiatives. The funding is split into two parts. The first involves a senior loan of up to €15m dedicated to SMEs. This loan is the second such facility that EBRD has extended to NLB Banka Prishtina, aiming to address the financing needs of priva ...