Banka për Biznes and IFC sign an agreement of cooperation

Banka për Biznes (BpB) and IFC, a member of the World Bank Group, are working together to increase the energy efficiency of smaller companies and homes in Kosovo. IFC will support the bank to improve its internal capacity to find, evaluate and finance energy efficient projects in the country.

BpB and IFC signed the agreement in Pristina on 18 September 2014, where the representatives of BpB and IFC presented the main features of the project to the local businesses, trade associations, government agencies and the media. “As a bank operating in Kosovo since 2001, we know there is a significant investment potential in energy efficient modernization of small and medium sized enterprises, as well as in the residential sector,” said Richard Beasley, CEO of BpB. “However, energy efficiency investments are rather complex and we are glad to develop that aspect of our business in cooperation with IFC.”