ECO credit

The loan is provided under the «Energy Efficiency for SMEs» project, funded by KfW Bank of the Federal Republic of Germany.


The purpose of the product is to provide energy-saving investments for the companies.

Target Groups

The loan is provided to resident legal entities, individual entrepreneurs, active in the following areas: industry, agriculture, tourism, information technology, services.

Purpose of the loan

The loan is provided for financing capital investments and working capital, which increases energy efficiency. Up to 30% of the total loan can be directed to the acquisition of working capital, necessary for the energy efficiency investments. In particular, financing can be carried out for the following purposes:

  • acquisition of energy-saving equipment and systems;
  • acquisition of solar water heaters (both for hot water and for heating) and solar photovoltaic panels;
  • acquisition of resource-saving and less polluting agricultural machinery, construction equipment, vehicles (including electric cars, hybrid cars, gas engines);
  • acquisition of biogas equipment ( from organic residues);
  • other energy efficient investments.

Conditions for granting

Currency Dram RA
Maximum loan amount 1 billion
Loan interest rate



Nominal interest rate starting from 9.5%

Actual interest rate 9.92% on the following conditions


Repayment procedure

Repayment period – up to 60 months, it is also possible to provide a grace period of repayment of up to 12 months (during the grace period the client pays only the interest on the loan)

Other loan conditions are common for all types of loans, which you can find at the following link

Last update 17.01.2020 18:22