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19.02.2016

Energo-credit is the next successful project of JSC “BasisBank” and European Bank for Reconstruction and Development”.

On February 18 BasisBank and European Bank for Reconstruction and Development has arranged presentation of bilateral product “Energy-credit” in “Hotels and Preferences Hualing Tbilisi”.  The presentation was attended by representatives of European Bank for Reconstruction and Development, Corporate Clients and Employees of BasisBank.  

Energo-credit is intended to funding of local commercial and entrepreneurial projects, aimed at reducing of electricity consumption and improving of energy efficiency

Within the frames of said project Clients of our Bank have an opportunity to get advantaged conditions and triple benefits, in particular:

 • from10 to 15% investment subsidy for purchasing and refurbishing of energy efficiency equipment

• Expertise of International Consultant on energy saving measures tailored to client’s interest

• Loan package with the best conditions for investments to energy efficiency

Loan of European Bank for Reconstruction and Development is accompanied by a grant component, which is funded by European Union neighboring investments financial instruments, Special Fund of EuroBank shareholders and Austrian Ministry Finance

Noteworthy is that partnership between BasisBank and EuroBank has been started in 2007. Since than European Bank for Reconstruction and Development has issued credit line in amount of USD 7 million for financing of development of SME trading. Within the program frames BasisBank was named as the most active Bank.

So in 2015 successful cooperation was further strengthened and credit limit was increased up to USD 31.5 million. 

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