The Banks receive and evaluate applications, provide loans and grant incentives, as foreseen in the Program Implementation Guide. The Banks’ rights and obligations are also included in the Funding Agreement co-signed with E.T.E.AN. A.E., the Hellenic Fund for Entrepreneurship and Development, ex TEMPME S.A.
In order to receive and evaluate applications, as well as monitor the progress of the projects’ implementation, Banks either adjust their Information Systems to the TEMPME S.A. Information System or develop new systems.
When evaluating applications, Banks also apply their respective internal regulations and the criteria used for verifying the credit ability of potential recipients
Banks make payments to suppliers/contractors and keep a file for each project (one file for a block of flats) for five (5) years after the project’s completion date.Cooperating Banks send to E.T.E.AN. A.E., on a daily basis, an electronic file with the applications submitted. The actual application files are kept at the financial institution’s (Banks) premises.
The date of delivery of the above mentioned electronic file to E.T.E.AN. A.E. is considered as the application’s submission date.
Banks must refer to the Program and its web site in all advertisements relating to the “Energy Efficiency at Household Buildings”. In any case, Banks must comply with the provisions of Regulation 1828/2006 on information and publicity and, in all cases, obtain the consent of EYSED EN/KA of the Ministry of Environment, Energy and Climate Change for any type of advertisement (e.g. TV, radio, printed material, special promotional action) relating to the “Energy Efficiency at Household Buildings” Program.
To see the Publicity Terms and Conditions of the “Energy Efficiency at Household Buildings” Program, click here.
Detailed Instructions on verifying supporting documents are included in the relevant Annexes.