Release date: 11 September 2014
Promoter – Financial Intermediary
RINGKJOEBING LANDBOBANK A/SLocation
Description
Loan for SMEs for the financing of small and medium-sized enterprises in Denmark and other EU countries.
Objectives
The financing supports projects undertaken by SMEs mainly located in Jutland and operating in a variety of industry and service sectors, such as renewable wind energy and fisheries. The loan contributes therefore to an increase in productivity and competitiveness of the final beneficiaries as well as to a more rational use of energy and diversification of energy resources.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 90 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 3/12/2014
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).