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Energy Efficiency via the Banking Sector

Description

The Energy Efficiency via the Banking Sector programme aimed to support the broad-based and long-term establishment of a funding instrument in the Serbian banking sector to promote energy savings among small and medium enterprises (SMEs) and private households. To this end, a EUR 12.0 million reduced-interest loan was issued to two partner financial institutions at KfW’s own risk. In addition, an FC promotional loan (PL) to the tune of EUR 22.0 million and a complementary measure (CM) worth EUR 0.5 million were offered to support the partner banks with the introduction and implementation of the new loan product.

Overall rating: 3

Is based on:

Relevance: 3
Effectiveness: 3
Efficiency: 3
Impact: 3
Sustainability: 3

Evaluation criteria & rating scale

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Country:Serbia
Sector:Financial sector
Budget funds : 3.466.282,69 €
Total funds :31.466.282,69 €
Year of project completion:
2020

Notes on the methods

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