Objective of the loan:

In order to reduce the consequences of the global energy and economic crisis, a special loan for energy efficiency (EE) and renewable energy sources (RES) was designed.


Purpose of the loan:

The loan for energy efficiency (EE) and renewable energy sources (RES) through participating banks is aimed to provide funds for investments in energy efficiency (energy saving) and renewable energy sources.


Sources of funds:

Ministry of Finance of the Republic of North Macedonia in an amount of MKD 610.000.000.


Final beneficiaries:

Beneficiaries of the loans for energy efficiency (EE) and renewable energy sources (RES) via participating banks can be micro, small, and medium-sized enterprises as well as sole proprietors and artisans.



Terms and conditions of the loan:


Project amount which will be supported:

  • Energy efficiency (EE):
    The maximum value of the project is MKD 30,750,000

    DBNM will provide funds for up to 60% of the project amount, i. e. up to MKD 18,450,000

    The remaining minimum of 40% will be credited from other sources such as a loan from the intermediary bank or the investor's own funds (buildings, equipment, working capital, cash, etc.)
     
  • Renewable energy sources (RES):
    The maximum value of the project is MKD 49,200,000

    DBNM will provide funds for up to 60% of the project amount, i. e. up to MKD 29,520,000.

    The remaining minimum of 40% will be credited from other sources such as a loan from the intermediary bank or the investor's own funds (buildings, equipment, working capital, cash, etc.)
Repayment period:

  • Energy efficiency (EE):
    up to 8 years with a grace period of up to 12 months included
     
  • Renewable energy sources (RES):
    up to 12 years with a grace period of up to 24 months included
Interest rate for the borrowers:

Up to 1.6% p.a.

End users:

Micro, small and medium enterprises as well as sole proprietors and artisans (whо pay taxes on real income).

 

Borrowers should meet the following criteria:

  • They are registered in the Republic of North Macedonia,
  • At least 51% are privately owned,
  • They have no outstanding obligations to the state, proven by a certificate from the Public Revenue Office not older than 6 months from the date of submitting the loan application to the commercial bank,
  • Are not in bankruptcy or liquidation proceedings,
  • Have submitted an annual account to the Central Registry for the last fiscal year (currently for 2021), regardless of the months of operation,
  • They have registered a beneficial owner in the Register of beneficial owners at the Central Registry of the RNM if it is a taxpayer (Current Financial Status for the beneficial owner, certificate of the beneficial owner),
  • They have the necessary permits for the implementation of the EE or RES project,
  • According to the data from the NBRNM credit register, not older than 3 months from the date of submission of the loan application, they are in a classification better than or equal to B or have no credit exposure. An exception is if the total credit exposure of the banks to a specific client is less than MKD 10,000.
Purpose:

  • Financing projects for energy efficiency EE (energy saving)
  • Financing projects for renewable energy sources RES (hydropower, geothermal energy, energy from biomass, wind energy, solar energy, etc.)

Credit and Guarantee Division contact:

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


Intermediary banks where a request can be submitted:

SPARKASSE BANK AD SKOPJE

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

STOPANSKA BANKA AD BITOLA

Credit Depart.: 047/207-522
Operator: 047/207-500
contact@stbbt.com.mk
https://www.stbbt.mk/

STOPANSKA BANKA AD SKOPJE

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

TTK BANK AD SKOPJE

Credit Depart.: 02/3236-456
Operator: 02/3236-400
ttk@ttk.com.mk
https://www.ttk.com.mk

PROCREDIT BANK AD SKOPJE

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

NLB BANKA AD SKOPJE

Credit Depart.: 02/510-638
Operator: 02/15-600
info@nlb.mk
https://nlb.mk/