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
• 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.