Germany supports the Kosovo Credit Guarantee Fund (KCGF) with 6 Million Euro: Small and medium enterprises can benefit regarding green investments

Today was signed the agreement between the Kosovo Credit Guarantee Fund (KCGF) and KfW – German Development Bank. The agreement is signed by Dr. Klaus-Martin Müller, Director for Southeast Europe and Turkey from KfW Development Bank and Mr. Besnik Berisha – Managing Director of the Credit Guarantee Fund.

Grant in amount  Eur 6 million  will be used to increase KCGF guarantee capital in response to the Covid-19 pandemic,  to issue new guarantees to partner financial institutions for the benefit of micro, small and medium enterprises, in particular to support energy efficiency, resource efficiency and investments in renewable energy (“Green Window”).

At the signing ceremony were present  Mr. Hekuran Murati – Minister of Finance in the Republic of Kosovo; Mr. Jörn Rohde – Ambassador of Germany to the Republic of Kosovo; Fehmi Mehmeti Governor of the Central Bank of Kosovo Dr. Klaus-Martin Müller, Director for Southeast Europe and Turkey from the German Development Bank – KfW.

In  a sign of gratitude for the continuous contribution and support made by KfW – German Development Bank, KCGF handed over a acknowledgement.