π Tender Overview
Project ID: 56413
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 two equal tranches to ProCredit Bank Kosovo (PCBK) under the Western Balkans Green Outcomes-Linked Debt Financing Framework (WB GOLD).
Project Objectives
The proceeds of the loan will be used for providing sub-loans to eligible small and medium-sized enterprises (SMEs) and Midcaps in Kosovo in support of their business expansion and Green Economy Transition (GET) eligible investments. At least 50% of the total investment will be GET eligible.
Transition Impact
The project contributes to the objectives of WB GOLD, supporting the Competitive and Green transition qualities. WB GOLD seeks to foster SME Competitiveness by (i) increasing availability of financing; and (ii) encouraging innovation in strategy, products, and processes. Furthermore, the project will encourage the Green quality by scaling up investments into GET-eligible technologies by SMEs and Midcaps, and thereby contributing to building a low-carbon and climate resilient economy.