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2012-04-19 00:00:00
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The European Bank for Reconstruction and Development (EBRD) said it has provided a EUR 5 M loan to DSK Bank to support energy efficiency improvements in Bulgaria's residential sector.
The loan is part of EBRD's Residential Energy Efficiency Credit Line (REECL) Framework aimed at addressing energy wastage in Bulgaria's residential sector.
DSK Bank, wholly-owned by the Hungarian OTP Bank and the second largest bank in Bulgaria, will use the EBRD loan for on-lending to individuals and associations of apartment owners, Novinite.com reports.
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