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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