Project Details

Location: Sarajevo
Duration:
Client: Raiffeisenbank d.d. Bosina and Herzegovina
Budget: 483,858 €
Financier: KfW

Info: MACS supports Raiffeisenbank in successfully introducing, marketing and implementing a new loan product designed to enable clients to finance EE measures in residential buildings.

Bosnia and Herzegovina: Credit Programme for EE Improvement in Residential Housing with Raiffeisenbank

The Programme for Energy Improvements in BiH, developed and financed by KfW and the German Ministry of Economic Cooperation and Development, aimes to provide low-interest loans for the financing of EE measures in residential buildings in Bosnia and Hercegovina, since 60% of total energy consumption in the country is in the housing sector.

MACS supports Raiffeisenbank in successfully introducing, marketing and implementing a new loan product designed to enable clients to finance EE measures in residential buildings. The indicators for success have been outlined as  (1) the total loan volume shall be on-lent to end borrowers withing 3 years after the first disbursement of the loan and (2) financed EE measures have to reduce CO2 emissions and / or energy consumption by at least 20% compared to the current situation / item to be replaced.

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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.