Project Details

Location: Novia Sad, Serbia
Duration:
Client: Erste Bank a.d. Novi Sad
Budget: 176,390 €
Financier: KfW

Info: MACS provided technical assistance to Erste Bank a.d. Novi Sad during the implementation of the new eco credit line.

Serbia: Erste Bank Eco Credit Line

KfW has set up the Program “Energy Efficiency through the Banking Sector” for several Financial Institutions in Serbia to promote Renewable Energy and Energy Efficiency (RE/EE) Projects. Under this Program Erste Bank a.d. Novi Sad will distribure at least EUR 5 Million for RE/EE loans to MSMEs and private households.

MACS provided technical assistance to Erste Bank a.d. Novi Sad during the implementation of the new eco credit line, supporting Erste Bank a.d. Novi Sad by , among others, defining loan products, providing targeted training to the banks staffing and increaseing awareness inside of the bank and also to clients with respect to RE/EE aspects.

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Nikola Ćatović

Director Sustainable Finance

+381 11 2450013

nikola.catovic@macsonline.de

Nikola Ćatović

Director Sustainable Finance

+381 11 2450013

nikola.catovic@macsonline.de

Green Credit Lines, Technical Due Diligence and Energy Audits

Nikola has an MSc in Electrical Engineering and his professional focus at MACS is on RE/EE projects, knowledge transfer and project management. Since April 2015, Nikola is also the Managing Director of MACS Serbia and responsible for the business development of this office.

Nicola is a “bankers engineer” – having performed technical due diligences of many RE/EE projects and countless RE/EE trainings for bank staff during implementation of RE/EE Credit Lines and loan products at banks in Western Balkan, Caucasus and Turkey.

On top of his technical skills, Nikola possesses outstanding language skills; he is fluent in English, German, Italian, Spanish and Russian besides his mother tongue Serbian.