From August 14, Credit Agricole will stop disbursing new loans under the house energy efficiency program from the European Bank for Reconstruction and Development (EBRD) IQ Energy due to the depletion of the limit, opened for participating in the program, the press release of the financial institution informs, HB reports.
Meanwhile, all the projects under the program, in which the loan contract with Credit Agricole Bank are concluded before August 14 inclusive or paid by the credit cards of the bank, will be considered as per the applicable regulations.
IQ Energy program is implemented in Ukraine from April 2016; during this time almost 13 ths Ukrainian households already obtained about UAH 320 mln (approximate equivalent of $12 mln) for thermal modernization. The total volume of compensation for heat insulation is €15 mln.
The program will support the projects, the loan contracts under which will be concluded after 14 August.
