The European Bank for Reconstruction and Development (EBRD), a multilateral institution, is arranging a loan package of up to EUR 10 million (USD 10 million) for Ukraine’s Bank Lviv to support small and medium-sized enterprises (SMEs). The loan fulfills part of a pledge by EBRD to invest EUR 1 billion (USD 1 billion) this year into the Ukrainian economy to
Tag: Green for Growth Fund
MICROCAPITAL BRIEF: Green for Growth Fund Lending MF Banka $5.5m to Promote Renewable Energy, Efficiency Among SMEs in Bosnia and Herzegovina
The Green for Growth Fund (GGF), a public-private partnership registered in Luxembourg, recently partnered with MF Banka a.d. Banja Luka, a bank that primarily serves small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina, to expand the bank’s lending for energy efficiency and renewable energy projects. MF Banka is borrowing EUR 5 million (USD 5.5 million) from GGF to fund
MICROCAPITAL BRIEF: Green for Growth Fund Loans $5m in Local Currency to TBC Leasing to Boost Energy Efficiency of SMEs in Georgia
The Green for Growth Fund (GGF), a Germany-based investment fund, recently loaned TBC Leasing, a member of Georgia’s Tbilisi Business Centre (TBC) Bank, approximately GEL 16 million (USD 5 million) to fund the leasing of equipment