Supporting Romanian households to save energy and money, the European Bank for Reconstruction and Development (EBRD) and the International Cooperation and Development Fund (TaiwanICDF) are providing financing of up to €15 million to UniCredit Consumer Financing (UCFIN), a subsidiary of UniCredit Bank SA, a member of the Italian UniCredit Group.

The loan combines €4 million of concessional funding from TaiwanICDF with €11 million of EBRD finance.

UCFIN will on-lend funds to residential borrowers for investments in green technologies, materials and solutions to improve energy efficiency. Possible investments include energy-efficient technologies for heating, water and electricity as well as additional building enclosures such as walls, windows and roofs. Businesses can identify typical green technologies available in Romania through the Green Technology Selector.