π Tender Overview
Project ID: 55555
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 10 million to be provided in one tranche to ProCredit Bank Kosovo (PCBK) under the FIF - SME Go Green Programme (SME Go Green).
The proposed operation complies with the SME Go Green Programme criteria. The proceeds of the Bank's investment will be used for financing small and medium-sized enterprises (SMEs), which are compliant with the EU's SME definition and in accordance with the SME Go Green Policy Statement.
Project Objectives
The proceeds of the loan will be used for providing sub-loans to eligible SMEs in Kosovo for improving their competitiveness and trade potential through targeted investments in sustainability practices and the adoption of internationally recognised quality standards, scaling up green economy investments and in particular, greening of agribusiness supply chains and promoting more equitable access to climate and other finance to women-led SMEs. The bank will aim to deliver 100 per cent of the proceeds to Green Economy Transition (GET) eligible projects.
Transition Impact
ETI score:65
Project contributes to the overall objectives of the SME Go Green Programme, supporting the Competitive and Green qualities. SME Go Green seeks to (i) support SMEs in accessing finance towards EU and other international standards and assist them with advice and know-how for introducing and implementing such standards and becoming competitive, and (ii) scale up investments into GET-eligible technologies by SMEs, and contribute to building a green, low-carbon economy.