To simplify the process all financing mechanisms are channeled through local Partner Banks, who receive continued support from the Programme’s Project Consultants.
Credit terms and conditions are set by the local Partner Banks and the ultimate decision whether or not to extend financing to an applicant company is made by the Partner Banks only. EBRD, EU and the Project Consultants have no influence on this decision.
The Project Consultant is responsible for the technical assessment of investment projects and, together with the Verification Consultant, for setting and checking grant amounts. The Partner Banks will pay Grant incentives to the owners of successfully completed and verified projects. However, the Partner Banks have no influence on the level of grants to be paid out.
The following Partner Banks currently participate in the Kosovo SME Competitiveness Support Programme in Kosovo:
ProCredit Bank is a development-oriented commercial bank. We offer excellent customer service to small and medium enterprises and to private individuals who have the capacity to save and who prefer to do their banking through electronic channels. In our operations, we adhere to a number of core principles: We value transparency in our communication with our customers, we do not promote consumer lending, we strive to minimise our ecological footprint, and we provide services which are based both on an understanding of each client’s situation and on sound financial analysis.
We focus on small and medium-sized enterprises, as we are convinced that these businesses create jobs and make a vital contribution to the economies in which they operate. By offering simple and accessible deposit facilities and online banking services and by investing in financial education, we aim to promote a culture of saving and financial responsibility among business clients as well as private individuals.
Our shareholders expect a sustainable return on investment over the long term, rather than being focused on short-term profit maximisation. We invest extensively in the training and development of our staff in order to create an open and efficient working atmosphere and to provide friendly and competent service for our clients. For more information please visit www.procreditbank-kos.com
BPB was established in Kosovo in year 2001 and offers a wide range of commercial banking products, with a focus on SME and retail. The EBRD has held a 10 per cent stake in the bank since 2011, with the majority stake held by Kosovan businessmen and 4.6 per cent by Banka di Cividale. During recent period of time BPB has undertaken a serious shift in strategy which resulted to be very efficient and successful in terms of development in many different ratios.
Assets grew from 163 Mio in 2016 to 255 Mio in 2018, whereas Loan portfolio has sown positive denomination from 107 Mio to 163 Mio in last 2 years. The bank has a considerable wide range of branch network consisting of 27 branches and 37 ATM-s of latest models equipped with all functions including cash in deposits. BPB serves nearly 50,000 active clients for which has also introduced new E and M-banking platforms. Taking to consideration all the positive developments of the bank, in 2018 it was announced as the best bank of 2018 by The Banker.