Objectives of Credit Line:
- use of renewable energy sources (sun, wind, water, biogas, etc.)
- efficient energy use
- environmental care
- improvement of energy climate in the Republic of North Macedonia
Type of Loans:
Credits shall be used for projects for:
- energy efficiency, and
- renewable energy sources
Loan Conditions:
Loans for sustainable energy sources shall be approved under the following conditions:
Energy Efficiency
Financing Energy Efficiency Projects
Amount of project: up to EUR 500,000
Repayment period: up to 8 years, with up to 1 year grace period.
Interest rate for the final borrower: fixed, up to 6% p.a.
Participant bank can collect fees from the final borrower for the credit approval in amount of: 1% p.a. from the credit amount.
At least half of the gains from the project should result from the energy efficiency which is measurable.
Energy savings technology should be backed up by evidence in the loan application.
Interested parties shall admit their credit requests with the commercial banks which have already signed cooperation agreements with DBNM.
