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Sparkasse Bank Makedonija has become the first Macedonian bank to receive EBRD financing for home energy efficiency thorugh a €2 million loan to support investments in energy saving improvements in the residential sector.
The loan comes under the EBRD’s Green Energy Financing Facility for the Western Balkans. The initiative is designed to help local households, housing associations and service providers invest in energy efficiency measures and renewable energy projects. Loans are provided via local financial institutions and backed by incentives from the European Union upon successful completion of renovation projects.
Read the full story here.