The Green Investment Loan is our way of supporting sustainable investments of small and medium-sized enterprises to create environmentally friendly and socially responsible businesses.

Eligible projects:
  • Energy efficiency
  • Renewable energy
  • Environmentally friendly measures

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Product Parameters

Our methodology is described in the ProCredit Green Bond* and, in summary, it allows the following projects:

Energy efficiency

Projects that reduce energy consumption while maintaining or improving production capacity:

  • Various types of highly-efficient production machinery and equipment - CNC machines (lathes, cutters, etc.), conveyor production lines, presses, painting chambers, driers, furnaces, ovens, etc.
  • Heating, ventilation, cooling, and light systems - highly-efficient boilers and heaters, air conditioning systems, refrigerators and freezers, centralised ventilation systems, LED light and highly-efficient luminescent lamps, light control systems, biomass boilers, etc.
  • Improvements in the insulation and windows of buildings – new windows, new or additional insulation
  • Transportation vehicles or agricultural equipment - tractor units, tractors, combines, drip irrigation systems, sprayers, etc.
  • Hybrid and electric vehicles for business purposes

Renewable energy

Projects that generate and/or consume energy resources that are inexhaustible or that can be restored quickly: 

  • Solar panels to heat water for household applications
  • Heat pumps and complete geothermal energy solutions for heating and cooling applications
  • Energy production systems that use biomass and biogas
  • Water turbines
  • Photovoltaic panels
  • Wind turbine generators (WTGs)

Measures of beneficial environmental impact

  • Recycling and waste management - enterprises in this field can apply for loans to finance their working capital needs
  • Biological production - measures can also include financing certification costs
  • Residual material treatment facilities - filters, water treatment installations, manure storage facilities, etc.
  • Costal and earth retaining measures, afforestation and re-cultivation of damaged areas, etc.
  • Implementation of building management systems and systems to manage the energy consumption in production processes
  • Suppliers, auditors, and others related to providing services in this area can be financed with working capital.

Advantages

*The Green Bond of ProCredit Holding is structured in line with the Green Bond Principles and positively validated by an external evaluator, Sustainalytics.

Annually, all employees of ProCredit Bank Bulgaria participate in training on responsible lending, the environment, and the solutions available through green investments. Since 2013, all front-office employees have additionally participated twice a year in training on how to recognize, communicate, and promote the application of environmentally friendly solutions with our business clients.

The bank has internal engineering staff in the "Sustainability" department who assess the effectiveness of specific investments. For all investments with clear quantitative indicators, carbon (CO2) savings are calculated.

For most positions, the criteria align with the technical criteria of the European Taxonomy, as well as those of the European Bank for Reconstruction and Development (EBRD), the European Investment Fund (EIF), the European Investment Bank (EIB), and others.

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