Pristina, 17.11.2025 – The Kosovo Credit Guarantee Fund (KCGF) and NLB Bank have once again confirmed their long-standing partnership through the signing of a new agreement ensuring the continuation and expansion of the “Green Recovery and Opportunities Window – GROW” guarantee scheme, now with significantly more favorable conditions for businesses.
As part of the efforts to support investments in energy efficiency (EE) and renewable energy (RE), the changes to the window include:
Increasing the guarantee coverage from 50% to 70%.
Raising the maximum credit exposure value from €5 million to €7 million.
Increasing the maximum loan amount from €1 million to €3 million.
Extending the loan maturity from 84 to 120 months.
Reducing guarantee fees.
These improvements within the GROW window, together with the consolidated cooperation between KCGF and NLB Bank, will significantly facilitate access to finance for MSME investments in equipment that improves energy efficiency and renewable energy production. This approach aims to direct capital toward clean technologies and environmentally friendly solutions, thus contributing to the sustainable development of Kosovo.
Since 2016, when NLB Bank became a registered financial institution with KCGF, this partnership has enabled the disbursement of more than €51 million in loans supported by KCGF guarantees, demonstrating an important role in supporting small and medium-sized enterprises in the country. Today’s agreement and the cooperation between the two institutions demonstrate their commitment to facilitating access to finance.
Below are the statements of the main speakers at this event.
STATEMENT OF THE MANAGING DIRECTOR OF THE KOSOVO CREDIT GUARANTEE FUND
The Managing Director of KCGF, Mr. Besnik Berisha, emphasized:
“With this agreement, we are further expanding and deepening our long-term cooperation with NLB Bank, as one of the key partners in facilitating access to finance for Kosovo businesses. In this context, we are strengthening the role of the GROW Window as a driver of the green economy in Kosovo: through more favorable guarantee conditions, longer repayment terms, and higher loan amounts, we are creating greater opportunities for businesses to invest in clean energy, energy efficiency, and sustainable technologies. These improvements consolidate KCGF as a development partner that not only facilitates access to finance but also directs capital toward projects that protect the environment and promote sustainable economic growth, while we will continue to further expand the impact of the GROW Window through agreements with all partner banks.”
STATEMENT OF THE CEO OF NLB – Gem Maloku
“NLB Bank is committed to supporting sustainable economic development in Kosovo by focusing on investments that bring long-term value to businesses and the environment. Through the expansion of the GROW Window and the new favorable conditions, we are providing businesses with greater opportunities to invest in energy efficiency and renewable energy production. This consolidated partnership with KCGF is evidence of our commitment to facilitating access to finance, strengthening the private sector, and contributing to the transformation of the economy toward a greener and more sustainable model. NLB Bank will continue to be a trusted partner for businesses aiming for innovation and responsible growth.”
As part of the efforts to support investments in energy efficiency (EE) and renewable energy (RE), the changes to the window include:
Increasing the guarantee coverage from 50% to 70%.
Raising the maximum credit exposure value from €5 million to €7 million.
Increasing the maximum loan amount from €1 million to €3 million.
Extending the loan maturity from 84 to 120 months.
Reducing guarantee fees.
These improvements within the GROW window, together with the consolidated cooperation between KCGF and NLB Bank, will significantly facilitate access to finance for MSME investments in equipment that improves energy efficiency and renewable energy production. This approach aims to direct capital toward clean technologies and environmentally friendly solutions, thus contributing to the sustainable development of Kosovo.
Since 2016, when NLB Bank became a registered financial institution with KCGF, this partnership has enabled the disbursement of more than €51 million in loans supported by KCGF guarantees, demonstrating an important role in supporting small and medium-sized enterprises in the country. Today’s agreement and the cooperation between the two institutions demonstrate their commitment to facilitating access to finance.
Below are the statements of the main speakers at this event.
STATEMENT OF THE MANAGING DIRECTOR OF THE KOSOVO CREDIT GUARANTEE FUND
The Managing Director of KCGF, Mr. Besnik Berisha, emphasized:
“With this agreement, we are further expanding and deepening our long-term cooperation with NLB Bank, as one of the key partners in facilitating access to finance for Kosovo businesses. In this context, we are strengthening the role of the GROW Window as a driver of the green economy in Kosovo: through more favorable guarantee conditions, longer repayment terms, and higher loan amounts, we are creating greater opportunities for businesses to invest in clean energy, energy efficiency, and sustainable technologies. These improvements consolidate KCGF as a development partner that not only facilitates access to finance but also directs capital toward projects that protect the environment and promote sustainable economic growth, while we will continue to further expand the impact of the GROW Window through agreements with all partner banks.”
STATEMENT OF THE CEO OF NLB – Gem Maloku
“NLB Bank is committed to supporting sustainable economic development in Kosovo by focusing on investments that bring long-term value to businesses and the environment. Through the expansion of the GROW Window and the new favorable conditions, we are providing businesses with greater opportunities to invest in energy efficiency and renewable energy production. This consolidated partnership with KCGF is evidence of our commitment to facilitating access to finance, strengthening the private sector, and contributing to the transformation of the economy toward a greener and more sustainable model. NLB Bank will continue to be a trusted partner for businesses aiming for innovation and responsible growth.”