Home Credit Bank announces conclusion of $25 mln loan agreement with European Bank for Reconstruction and Development

30.05.25 14:53
/KASE, May 30, 2025/ – Home Credit Bank JSC (KASE ticker – HCBN) has reported the following: quote 29.05.2025 Home Credit Bank JSC has entered into an agreement with the European Bank for Reconstruction and Development (EBRD) to receive a $25 mln loan. The financing was provided under the GEFF Kazakhstan II program and will be aimed at supporting clients who want to modernize their homes, reduce energy costs and take a step towards a more sustainable lifestyle. The loan will enable the bank to provide clients with financing for home modernization, energy efficiency improvements, and the purchase of equipment and technologies that meet environmental standards. In particular, the Green Technology Selector online platform will be used, providing access to a list of certified energy-efficient solutions. The project includes an additional focus on gender-responsive financing, with support provided to, among others, female clients and households with limited access to financial services. unquote The complete press release is available at https://kase.kz/files/emitters/HCBN/hcbn_relizs_290525_197446.pdf [2025-05-30]