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According to the Bank’s website, the project consists of the provision of a senior unsecured loan of up to EUR 2 million to NLB Banka a.d. Podgorica ("NLBP") for on-lending to the residential sector in Montenegro. The loan will have two equal tranches. The second tranche is uncommitted and the commitment is EBRD's absolute discretion. The loan is envisaged under the Western Balkans Green Economy Financing Facility II ("WB GEFF II").
The loan will support investments in high-performance green technologies, materials and solutions undertaken in privately-owned residential dwellings or buildings. 100 per cent of the use of the proceeds will be eligible to Green Economy Transition ("GET") investments.
COMPANY CONTACT INFORMATION
Marija Kovacevic
marija.kovacevic@nlb.me
+382 20 402 225
+382 20 402 061
www.nlb.me
Stanka Dragojevica 46 81000 Podgorica Montenegro
ACCESS TO INFORMATION
You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: pcm@ebrd.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html