AFD Credit Line for Green Investments

Objective of the loan:

Funds from loans are approved to support investments in green projects.


Purpose of the loan:

Financing of domestic companies via intermediary banks for investments in green projects aimed at adapting or mitigating the effects of climate change. Up to 30% of the loan amount can be used for working capital.


Sources of funds:

French Development Agency (AFD) in the amount of EUR 50 million.


Eligible beneficiaries:

Potential beneficiaries may be domestic companies that have:
 

  1. no more than 250 permanent employees, and,
  2. either an annual turnover not exceeding EUR 50 million, or
    an annual balance sheet not exceeding EUR 43 million.


Terms and conditions of the loan:


Single loan amount for the final borrower:
Green projects:
  • minimum EUR 5,000,
  • maximum up to EUR 1,500,000

*up to 30% of the loan amount can be used for working capital.
Repayment period:
  • minimum 5 years,
  • maximum up to 15 years.
Grace period included:
Up to 3 years.
Interest rate for the borrowers:

Up to 3.5% annual, fixed.
Mandatory criteria for the borrowers
(in the development phase with consultants appointed by AFD)
Bans and exclusions:

According to the lists of DBNM, EU, USA and France.

Required documents:

  • According to the credit policies and procedures of the intermediary banks.

CALCULATOR

Lending and Commission Work Division Contact:

Tel. 02/3115-844, 02/3114-840 ext. 121, 124, 127.


Intermediary banks where a request can be submitted:

KOMERCIJALNA BANKA AD SKOPJE

Credit Depart.: 02/3168-504
Operator: 02/3168-168
contact@kb.com.mk
https://kb.com.mk

UNI BANK AD SKOPJE

Credit Depart.: 02/3286-025
Operator: 02/3286-100
info@unibank.com.mk
https://www.unibank.mk

HALKBANK AD SKOPJE

Credit Depart.: 02/3240-844
Operator: 02/3240-800
info@halkbank.mk
https://www.halkbank.mk

PROCREDIT BANK AD SKOPJE

Credit Depart.: 02/3219-927
Operator: 02/3219-900
info@procreditbank.com.mk
https://www.pcb.mk

SPARKASSE BANK AD SKOPJE

Credit Depart.: 02/3200-520
Operator: 02/3200-576
contact@sparkasse.com.mk
https://sparkasse.mk

STOPANSKA BANKA AD SKOPJE

Credit Depart.: 02/3295-524
Operator: 02/3295-295
kontaktcentar@stb.com.mk
https://www.stb.com.mk