Geff Iii Repower Tender

Project ID: 56484
Status: Approved
Location: Bosnia and Herzegovina
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 24 Jun 2025
Disclosure date: 27 Jun 2025
Project Description
Provision of a senior secured loan of up to €3 million to Raiffeisen Bank dd BiH ("RBBH") 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 RBBH 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.

Transition Impact
ETI score: 70

The project will contribute to the overall Framework objectives and support the Green TI quality with 100% of the use of proceeds allocated to Green Economy Transition activities.