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PJSC “Megabank” initiated the program “Financing energy efficiency projects” which will amount, this year, to approximately USD 10 million. This is what emerged during the press conference of the Bank’s CEO, Mrs Elena Zhukova.

The program is implemented in cooperation with “GGF Southeast Europe” (GGF), which has allocated these funds within a 5-year credit agreement.

“We plan to issue five credits per month with an average value of 200,000 Euros each. The program will consider projects of small, medium and large private and public businesses “- said Mrs Zhukova.

According to her, credit funds are allocated for a period of 5-7 years, and the terms of decision making for loan and the terms of the issue are minimal and are processed within 7-10 days after filing request.

Loan Agreements with GGF provide counterparts a technical assistance program that includes consulting services in all areas. One of these areas is loans marketing for energy efficiency, development of credit products and their sales organization, implemented by the bank together with the Frankfurt School of Business, Finance and Management (Germany). 

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