EBRD supports energy efficiency lending and trade - Three leading banks in Bulgaria to join energy efficiency facility
The total amount of financing to be received by the three banks is €64 million, of which Postbank will receive €24 million, Piraeus Bank Bulgaria €13 million and UBB €27 million.
The three banks will join the EBRD Bulgarian Energy Efficiency for Competitive Industry Finance Facility (BEECIFF), launched in April 2012, which provides financing to SMEs for energy efficiency investments eligible for grants under the government’s Green Economy Programme, which is supported by EU Structural Funds.
Source: http://www.ebrd.com/ 31 July 2013