FKGK and NLB Bank Expand and Improve the Features of the Green Recovery and Opportunities Window – GROW
Prishtina, [17.11.2025] – The Kosovo Credit Guarantee Fund (KCGF) and NLB Bank reaffirmed today their long-standing partnership through the signing of a new agreement that ensures the continuation and expansion of the credit guarantee scheme “Green Recovery and Opportunities Window – GROW,” now with significantly more favorable conditions for businesses.
As part of the joint 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 limit 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 under the GROW Window, together with the strengthened cooperation between KCGF and NLB Bank, will significantly enhance access to finance for MSMEs investing in equipment that increases energy efficiency and generates renewable energy. This approach aims to direct capital toward clean technologies and environmentally friendly solutions, thereby contributing to Kosovo’s sustainable development.
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 a crucial role in supporting small and medium-sized enterprises in the country. Today’s agreement highlights the commitment of both institutions to further facilitating access to finance.
Below are the statements of the main speakers at the event.
STATEMENT OF THE MANAGING DIRECTOR OF THE KOSOVO CREDIT GUARANTEE FUND
KCGF Managing Director, Mr. Besnik Berisha, emphasized:
“With this agreement, we are further expanding and deepening our long-standing cooperation with NLB Bank, one of our key partners in facilitating access to finance for Kosovar enterprises. In this regard, we are strengthening the role of the GROW Window as an engine of Kosovo’s green economy: through more favorable guarantee conditions, longer repayment terms, and higher loan amounts, we are giving businesses greater space to invest in clean energy, energy efficiency, and sustainable technologies. These improvements consolidate KCGF’s role 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. In the coming period, we will further expand the impact of the GROW Window through agreements with all partner banks.”
STATEMENT OF THE CEO OF NLB BANK – 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 its new, more favorable conditions, we are providing enterprises with greater opportunities to invest in energy efficiency and renewable energy generation. This strengthened partnership with KCGF demonstrates our commitment to facilitating access to finance, empowering the private sector, and contributing to the economic transformation toward a greener and more sustainable model. NLB Bank will continue to be a reliable partner for businesses that aim for innovation and responsible growth.”
