ACBA LEASING: Financing of energy efficient projects with cashback equal to 10 %
ACBA LEASING, a member of ACBA-CREDIT AGRICOL financial group, will direct USD 4 million to the financing of energy efficient projects /USD 4 million will be provided to ACBA LEASING out of the total loan equal to USD 17 million concluded between EBRD and ACBA-CREDIT AGRICOL Bank/.
Funds will be directed to the SME energy efficient and energy saving equipment purchase leasing. In the framework of the current program with EBRD, through the grant means provided by the investment fund Neighbourhood Investment Facility of the European Union, the SME will get cashback equal to 10% of financing for the execution of the "green programs".
In the framework of the sub-brand Green Leasing ACBA LEASING has financed more than 800 green projects, i.e. an investment equal to total AMD 8,3 billion has been made, in the result of which emission of 6000 tons carbon dioxide has been prevented and an alternative energy development has been spurred.