During the EU–WB6 Investment Forum in Tirana, the Green for Growth Fund (GGF) signed new agreements with partners in Kosovo, Serbia, and Bosnia and Herzegovina, including ProCredit Bank. This agreement, worth a total of €50 million, opens a new cycle of investments in energy efficiency projects, renewable energy sources, and green technologies in Bosnia and Herzegovina and across the region.
The Green for Growth Fund, supported by the European Union and KfW Development Bank, is one of the key instruments for implementing the European green transition in Southeast European countries. Through programs implemented by KRK – Kreditimi Rural i Kosovës L.L.C, Banka për Biznes (BpB), UniCredit Bank Serbia, AIK Banka, and ProCredit Bank, GGF expands the reach of green finance and ensures that support through credible partners reaches communities and businesses driving the region’s sustainable transformation.
"ProCredit Bank has consistently supported investments in renewable energy and projects that contribute to more sustainable development for many years. In the past decade alone, we have invested nearly BAM 280 million in green projects, which today account for more than 20% of our total portfolio. In other words, every fifth mark we lend is directed toward projects that contribute to environmental protection and energy efficiency. We are uncompromisingly committed to the energy transition and are recognized for this in our region. This agreement now expands the bank’s ability to offer clients financing for investments that have a real and measurable positive impact on the environment," said Srđan Ožegović, Member of the Management Board of ProCredit Bank, on the occasion of signing the agreement.
Through this program, GGF and partner banks are creating a flow of over €100 million in potential green financing for households, small and medium-sized enterprises, and the corporate sector. The focus is on projects that enable energy renovations of buildings, installation of small renewable energy sources, and investments in cleaner technologies aimed at reducing emissions, alleviating energy poverty, and strengthening the competitiveness of regional economies.
As a long-standing partner of Bosnia and Herzegovina’s economy, ProCredit Bank continuously invests in the development of small and medium-sized enterprises, recognizing them as key drivers of economic growth. Through specialized credit lines and subsidy programs such as ProStart for new SMEs, the Go Digital line, advisory support, and educational programs, the bank helps businesses modernize production processes, improve energy efficiency, and strengthen competitiveness in domestic and international markets. The focus on sustainable investments enables clients to grow responsibly and in line with European standards and green transition requirements.
The initiative launched in Tirana confirms the importance of the Green for Growth Fund as an instrument for implementing the European Green Deal, contributing to reduced energy consumption, alleviating energy poverty, and driving the region’s sustainable transformation through strong partnerships with ProCredit Bank, which continues to set an example of sustainable banking and leadership in green financing in Bosnia and Herzegovina.
