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.
