EBRD Boosts Energy Efficiency in Kazakhstan

Kazakhstan’s banks may access a new USD75 million funding from the European Bank for Reconstruction and Development to help provide loans to domestic companies investing in energy efficiency and renewable technologies. Up to USD7 million will be made available in sub-loan to private firms engaged in energy efficiency initiatives. Bank Center Credit is the first recipient of a USD10 million credit under the program. (“EBRD promotes energy efficiency” - European Bank for Reconstruction and Development, Dec. 10, 2008)

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