π Tender Overview
Project ID: 56412
Status: Exploratory
Location: Kosovo
Business Sector: Financial Institutions
Notice Type: Private
Approval Date: 29 May 2025
Disclosure date:29 Apr 2025
Project Description
A senior unsecured loan of up to EUR 7 million to be provided in one tranche to ProCredit Bank Kosovo (PCBK) under the FIF - Go Digital in the Western Balkans Programme (Go Digital).
The proceeds of the Bank's investment will be used for providing a combination of specialised financing for automation, digitalisation, competitiveness, and green technologies to eligible SMEs in accordance with the Policy Statement. At least 60% of the total investments shall be in eligible automation and digitalisation projects, of which at least 60% shall be Green Economy Transition (GET) eligible. Furthermore, at least 60% of the total investments shall be GET eligible.
Project Objectives
The Go Digital project will support PCBK's strategy to: (i) advance innovation and competitiveness of the private sector through targeted investments and increased awareness-raising among SMEs in Kosovo for a higher utilisation of automation and digitalisation technologies; (ii) support the transition to green economy; (iii) increase the capacity and trade potential of SMEs through increased access to finance to allow them to invest additional resources to introduce EU standards; and (iv) promote more equitable access to finance for automation and digitalisation investments for women-led SMEs, and improve the competitiveness and sustainability of end-benecifiaries' business operations.