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• Development aid loans:
The volume of concessionary loans (“soft loans”) financed by RBI amounts to € 542 million across
117 social projects. The portfolio comprises individual projects from all social categories. They
make an important contribution to sustainable development in the respective emerging economies.
Sustainable financing at the network banks
Positive impacts on the environment and on the climate
• Renewable energy
The total volume of financing by the network banks in the category of “renewable energy”
amounted to around € 350 million as of the end of 2018. This comprised 95 photovoltaic plants,
eight wind farms, 17 biogas and three biomass plants and 20 small hydro power plants in
Slovakia, the Czech Republic, Hungary, Albania, Bulgaria and Romania.
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n 2018, Raiffeisen Zrt in Hungary concluded financing agreements for eleven new solar projects, while Raiffeisen
Bank Sh.A. in Albania concluded agreements for two photovoltaic plants. In Ukraine, Raiffeisen Bank Aval JSC
is participating in the financing of three biomass and biogas plants, as well as refinancing the construction of a
photovoltaic plant. Some of the projects are still in construction.
• Energy efficiency
To improve its energy footprint, Raiffeisen BANK d.d. Bosna i Hercegovina financed projects such as the
replacement of obsolete processing machinery and old vehicles with new vehicles that comply with EU
standards. As part of the “EBRD Funding Energy Efficiency and Renewable Energy Program in the Western
Balkans”, it also provided financing for energy efficiency projects in buildings and industry as well as renewable
energy projects. All of the funds provided under this program were committed by March 2018.
• Sustainable mobility
Raiffeisen Bank Zrt. in Hungary financed the development of a production site for electric vehicle batteries
near Budapest.
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n Ukraine, Raiffeisen Bank Aval JSC financed new public transportation that will be used by the city
administration in Lviv and Uzhhorod in the future. In recent years, the bank also participated in projects to
improve public transportation in Kiev and Lviv.
• Protection of nature
Raiffeisen Bank Aval JSC in Ukraine provided equipment and investment financing for an organic farming
company. Among other things, the funds are being used to construct an organic dairy farm.
• Sustainable real estate
The network banks’ total committed volume of sustainable – green bond-eligible – real
estate financing amounted to around € 416 million (loan outstanding € 400 million), as of
December 31, 2018.
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n 2018, Raiffeisenbank Austria d.d. in Croatia participated in three new real estate projects that are expected
to have energy classes of “A+” (two projects) and “A” (one project). Raiffeisen Bank S.A. in Romania financed
two new green buildings, while Raiffeisenbank (Bulgaria) EAD financed one. The certification process for all of
these buildings is still ongoing (LEED GOLD and BREEAM Excellent certification is expected).
Raiffeisen Bank International | Sustainability Report 2018