The SFE allows the EIB to provide loans for projects with a higher risk profile than that usually accepted by the us. It eliminates or limits the additional risk-related costs that are usually borne by private operators. The SFE focuses on the local financial sector, transport, large-scale industrial and infrastructure projects and the tourism sector.
Durch die Spezielle FEMIP-Reserve kann die EIB über Darlehen Projekte mitfinanzieren, die mit einem höheren Risiko verbunden sind als normalerweise für uns akzeptabel ist. Sie begrenzt die risikobedingten Kosten, die normalerweise vom privaten Betreiber zu tragen sind, oder vermeidet sie ganz. Die SFE ist auf den Finanzsektor in der Region, den Verkehrssektor, große Industrie- und Infrastrukturvorhaben sowie auf die Fremdenverkehrsbranche ausgerichtet.
, donors and promoters.
What is the Special FEMIP Envelope (SFE)? The SFE allows the EIB to provide loans for projects with a higher risk profile than that usually accepted by the us. It eliminates or limits the additional risk-related costs that are usually borne by private operators. The SFE focuses on the local financial sector, transport, large-scale industrial and infrastructure projects
.
These credit lines can also be used to meet the needs of micro-enterprises, in partnership with specialised associations.
In its lending activity, FEMIP can also draw on the Special FEMIP Envelope (SFE... be of mutual interest to the EU and Mediterranean partner countries. Adequate security structure depending on the nature of the project and the quality of the borrower.
The Special FEMIP Envelope (SFE) enables
normalerweise vom privaten Betreiber zu tragen sind, oder vermeidet sie ganz. Die SFE ist auf den Finanzsektor in der Region, den Verkehrssektor, große Industrie- und Infrastrukturvorhaben sowie auf die
Investment Bank 5
SFF activities (including RSFF, LGTT and SFE)
09/06/2009 European Investment Bank 6
The Bank promoting European objectives
European Investment Bank
www.eib.org
in support of private sector development: stepping up financial support in the region through a special facility for risk financing for the private sector (the SFE) and by setting up a trust fund
l'industrie, de l'agro-industrie, de la pêche et du tourisme. Un deuxième prêt global de 1 million d'euros a été octroyé en faveur de la Société Financière d'Équipement (SFE) . Cette société s'est
sectors. A second global loan for EUR 1 million has been advanced to Société Financière d'Équipement (SFE), a company which has recently specialised in industrial plant and equipment leasing finance
, the Reinforced FEMIP includes
the following new features:
• The introduction of a “Special FEMIP Envelope” (SFE) to enhance
private sector lending;
• The creation of a Trust Fund to support priority...
The Special FEMIP Envelope (SFE)
The “Special FEMIP Envelope” (SFE) is a new product aimed at
reinforcing the Bank’s support for the private sector in the MPC
by dedicating up to EUR 200 million from the Bank’s reserves to
allow for extended risk-sharing operations under FEMIP 1.
SFE operations will enable the Bank to finance selected private-
sector operations in the MPC that have a higher risk profile
of financial products offered (a special facility for risk financing - the SFE - a trust fund and possibly lending in local currencies), and intensified dialogue with the Mediterranean Partner Countries
to strengthen FEMIP in three main ways: stepping up financial support in the region through a special facility for risk financing for the private sector (the SFE) and by setting up a trust fund
, with the following new features mainly in support of private sector development: stepping up financial support in the region through a special facility for risk financing for the private sector (the SFE
des financements à risque au secteur privé (la « SFE ») et par l'établissement d'un fonds fiduciaire ;
de diversifier la palette des produits financiers offerts, y compris en recherchant la
of the Reinforced FEMIP the Bank has already
undertaken considerable internal work.
? The SFE and the FEMIP Trust Fund are foreseen to be operational in 2004 and 2005
respectively.
? The first High... and instruments in support of
private sector development:
? The creation of a “Special FEMIP Envelope” (“SFE”) to enhance private sector lending by dedicating
up to EUR 200m from the Bank’s reserves to allow... . It also covers additional activities in the areas of Technical Assistance and cooperation
with the EC and other IFIs.
2.1 The Special FEMIP Envelope
The "Special FEMIP Envelope" (“SFE") is a new
region for 2000 – 2008 ...................................................................... 59
Annex 5 - Structured Finance Facility (SFF) and Special FEMIP Envelope (SFE)................. 60
Annex 6... funds) the necessary provisioning (from the Structured
Finance Facility: SFF or SFE: Special FEMIP Envelope). The use of SFF has been
significant during the last 2 years (2007-08): it represents 12...
the existing procedures and the foreseen amounts for SFF/SFE. This formula allows
targeting a different clientele and is therefore additional to other financial products.
Under the existing EIB
(the SFE) and by setting up a trust fund;
diversifying the range of financial products offered, notably by seeking possible ways of providing local currency financing;
intensifying dialogue with the MPCs
advanced to Société Financière d'Équipment (SFE) to support operations of leasing finance in the same sectors as above. A third loan of EUR 54 million from the Bank's own resources to Industries
aux PME des secteurs de l'industrie, de l'agro-industrie, de la pêche et du tourisme. Un prêt de 1 million d'EUR sur capitaux à risques a été accordé à la Société Financière d'Équipement (SFE) à l'appui
in the Mediterranean
region, under the Special FEMIP Envelope (SFE). Risk capital financing also rose to EUR 45 million, more
than doubling last year’s amount.
Following discussions under the UK
“special FEMIP envelope” (SFE) for addressing the constraints
met by private sector borrowers to support heavy commercial risks.
As you can see from the programme in the following pages
of the Special FEMIP Envelope (SFE), the
first three operations in support of local counterparties without
sovereign or international guarantee were approved in 2005 in
Morocco, Jordan and Lebanon.
Fostering
of a “special FEMIP envelope” (SFE), a new facility for lending to
relatively riskier projects;
o the establishment of a trust fund, to help with reform and privatisation, in the form
of non-reimbursable... lending products through the SFE, and on-the-spot monitoring from the Bank’s
local offices.
6
TABLE OF RECOMMENDATIONS
EV Recommendation Accepted
Yes / No
Ops B / PJ/RM Comments... the Bank’s reserves
to allow for extended risk-sharing
operations of up to EUR 1 billion, and a
better structuring of lending to mitigate
private sector risks (a “special FEMIP
envelope” or “SFE
O
ver
view R
epor
t 2009
circlecopyrt EIB – 06/2010 – EN QH-AL-10-001-EN-C ISSN 1830-6799
European Investment Bank • European Investment Bank • European Investment Bank • European Investment Bank • European Investment Bank
Overview Report 2009 Overview Report 2009
European Investment Bank • Europ...
projects, the
Bank needs to expand its range of products, in particular taking more risks.
With the reinforced FEMIP, the “Special FEMIP Envelope” (SFE) aims to address some
of the constraints
JESSICA APPRAISAL STUDY FOR CASTILLA LA MANCHA
FINAL REPORT
18/02/2011
This document has been produced with the financial assistance of the European Union. The views expressed herein can in no way be taken
to reflect the official opinion of the E...
. Credit lines can also be used
to meet the needs of micro-enterprises.
In its lending activity FEMIP can also draw on the Special FEMIP
Envelope (SFE), a facility that enables it to provide financial
support for private sector operations exhibiting a higher risk
profile than standard long-term loans in the European Union.
Recourse to the SFE has become necessary because the average
risk profile... enjoying a credit rating acceptable to the Bank. The
primary beneficiaries of the SFE are local banking intermediaries
and companies that are well established locally.
¸ Risk capital financing
FEMIP
for operating and/or implementing the
project.
SFE Special FEMIP Envelope
SME Small or medium sized Enterprise. A company with less than 250 employees.
SPV Special Purpose Vehicle – A company, with its own... risk than normally accepted by the EIB under
standard credit risk rules. This additional risk taken by EIB was adequately provisioned
through the Special FEMIP Envelope (SFE), which was designed
) in 2002. Under the FEMIP, SME
lending and capacity building have been identified as key priorities for the Bank's
activities in the Mediterranean region. A "Special Femip Envelope" (SFE) has been...
lend to eligible local banks without
government or international
guarantees under the “Special
FEMIP Envelope (SFE)”. The Bank
is also considering the possibility to
provide financing in local...
structure.
Financing smaller enterprises was
not a specific objective of the MED
mandates. It is however a priority
for the FEMIP, which provides
instruments (see in particular
references to SFE and TA
Annual Report 2009FEMIP Annual Report 2009
European Investment Bank • European Investment Bank • European Investment Bank • European Investment Bank • European Investment BankEuropean Investment Bank • European Investment Bank • European Investment Bank • European Investment Bank • European Inves...
of the following
new features and activities (which have already been implemented):
(i) a "Special FEMIP Envelope" (SFE) to enhance private sector lending;
(ii) a FEMIP Trust Fund, funded by member states
-
December 200). FEMIP was reinforced by introducing the
following features:
¸ creation of a “special FEMIP envelope” (SFE) to allow higher
risk operations in support of the private sector... P a r t n e r s h i p
Facility for Euro-Mediterranean Investment and Partnership
2004 Highlights
¸ The Special FEMIP Envelope (SFE) came into being in January 2004 with the decision of the
EIB’s
SkupinaEvropskéinvestiční bank y
Svazek1
Zprávaočinnosti
Výroční zprávaza rok 2004
Výroční zprávaSkupinyEIB za rok 2004 se skládáze tří samostatných svazků:
–Zprávaočinnosti shrnujícíčinnost SkupinyEIB během uplynulého roku a představující
perspektivy dobudoucnosti;
–Finanční zpráva předkládajíc...
TOWARDS A NEW STRATEGY FOR THE EIB GROUP
At its 2005 Annual Meeting held on 7 June 2005, the EIB’s Board of Governors endorsed the
general orientations on future strategy outlined in the attached document, while taking note of
the annexes. The Board ...
circlecopyrt E IB – 0 6/20 05 – F I Q H -AD - 05 - 0 01- FI - C ISSN 1725 -36 0 8
Osa I
Toimintakertomus
Vuosikertomus 2004
E u r o o p a n i n v e s t o i n t i p a n k k i r y h m ä
Euroopaninvestointipankkiryhmä
OsaI
Toimintakertomus
Vuosikertomus 2004
EIP-ryhmänvuosikertomukseen 2004 k...
projects and provide better support for pri-
vate sector investment. This closeness to local players will
make it easier to pinpoint and mount operations under the
Special FEMIP Envelope (SFE), which
Volume II
Annual Report 2009
Financial Report
Volume II
European Investment Bank Group • European Investment Bank Group • European Investment Bank Group • European Investment Bank Group
circlecopyrt EIB – 05/2010 – EN QH-AB-10-001-EN-C ISSN 1725-3446
European Investment Bank Group • European Inve...
Annual Report 2010FEMIP Annual Report 2010
European Investment Bank • European Investment Bank • European Investment Bank • European Investment Bank • European Investment BankEuropean Investment Bank • European Investment Bank • European Investment Bank • European Investment Bank • European Inves...
ΌμιλοςΕυρωπαϊκήςΤράπεζαςΕπενδύσεων
ΤόμοςΙ
Έκθεσηδραστηριοτήτων
ΕτήσιαΈκθεση 2004
Η Ετήσιαέκθεση τουΟμίλουΕΤΕπ για το 2004 αποτελείταιαπό τρεις τόμους:
–Έκθεσηδραστηριοτήτων, στηνοποία παρουσιάζονταιοιδραστηριότητες τουΟμίλου
ΕΤΕπ κατά τοδιαρρεύσανέτοςκαιοι προοπτικέςγια τομέλλον,
–Οικονομικήέκθεσ...
VolumeI
ActivityReport
AnnualReport 2004
EuropeanInvestment Bank Group
EuropeanInvestment Bank Group
VolumeI
ActivityReport
AnnualReport 2004
The EIB Group’s 2004AnnualReport consists of three separatevolumes:
–TheActivityReport presenting theEIB Group’s activityover the past year andfuture
prosp...
I. kötet
TevékenységiJelentés
Éves Jelentés 2004
Európai Beruházási Bank
Európai Beruházási Bank Csoport
I. kötet
TevékenységiJelentés
Éves Jelentés 2004
Az EBB Csoport 2004. éviéves jelentése három kötetből áll:
–AzEBB Csoportelmúlt évi tevékenységét és jövőrevonatkozó terveit bemutatóTevé-
keny...
Europos investicijųbankogrupė
I tomas
Veiklos ataskaita
2004m. metinėataskaita
EIB grupės 2004m. metinęataskaitą sudaro trys atskiri tomai:
–Veiklos ataskaita,kuriojeapibendrinamaEIB grupės veikla per praėjusius metus ir
apžvelgiamos ateities perspektyvos;
–Finansinėataskaita,kurioje pateikiamaE...
Eiropas Investīciju bankas grupa
1.daļa
Darbības pārskats
Gada pārskats 2004
EIB Grupas Gada pārskats 2004 sastāvno trijāmatsevišķāmdaļām:
–Darbības pārskats,kurš atspoguļo EIB Grupas darbību pagājušajāgadā unnākotnes
perspektīvas;
–Finanšu ziņojums,kurš ietver EIB Grupas,EIB,KotonūInvestīciju ...
SkupinaEurópskejinvestičnejbank y
1. diel
Správaočinnosti
Výročná správa 2004
Výročná správaSkupinyEIB za rok 2004 pozostávaz troch samostatnýchdielov:
–Správaočinnosti,ktorá predstavuječinnosť SkupinyEIB vminulom roku ajejbudúcich
vyhliadkach;
–Finančná správa,ktorá uvádzafinančné údajeSkupinyEI...
I. del
Poročilo odejavnosti
Letno poročilo 2004
Skupina Evropskeinvesticijskebanke
Skupina Evropskeinvesticijskebanke
Poročilo odejavnosti
Letno poročilo 2004
I. del
Letno poročilo Skupine EIB za leto 2004 sestoji iz trehdelov:
–Poročilo odejavnostih opisuje dejavnostiSkupine EIB v preteklem letu...
European Investment Bank Group
Volume II
Financial Report
Annual Report 2004
EIB Group: key data
European Investment Bank
Activity in 2004 (EUR million)
Loans signed 43 204
European Union 39 661
Partner Countries3 543
Loans approved 45 780
European Union 41 037
Partner Countries4 743
Loans disbur...
2003, ο FEMIP "ενισχύθηκε" το 2004 µέσω της
προσθήκης των ακόλουθων νέων στοιχείων και δραστηριοτήτων (που έχουν ήδη τεθεί σε
εφαρµογή):
(i) δηµιουργία ενός "Ειδικού Κονδυλίου FEMIP" (SFE), µε σκοπό
1 - 2004 • N. 116 ISSN 0250-3905
1-2004BEI
BEIInformazioni
La Conferenza stampa sull’attività del
Gruppo BEI nel 2003 si è tenuta il 4 feb-
braio a Lussemburgo e il 5 febbraio a
Bruxelles.
L’attività del Gruppo Banca europea
per gli investimenti nel 2003
È stato di 42,3 miliardi di euro il totale...
E u r o p e a n I n v e s t m e n t B a n k G r o u p
Volume II
Financial Report
Annual Report 2005
The EIB Group’s 2005 Annual Report consists of three separate volumes:
- The Activity Report presenting the EIB Group’s activity over the past year and future prospects;
- The Financial Report p...
Annual Report 2010
Financial Report
Volume II
European Investment Bank Group • European Investment Bank Group • European Investment Bank Group • European Investment Bank Group
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E u r o p e a n I n v e s t m e n t B a n k G r o u p
Volume II
Financial Report
Annual Report 2006
The EIB Group’s 2006 Annual Report consists of three separate volumes:
- The Activity Report presenting the EIB Group’s activity over the past year and future prospects;
- The Financial Report p...
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UMWELTVERTRÄGLICHKEITSPRÜFUNG
ÖBB-Strecken
Wien Südbahnhof-Staatsgrenze nach Spielfeld/Straß
km 102.190 - km 99.947 = km 0.000 – km 3,446
Wien Hütteldorf-Wien Nord
km 7.787 - km 9.566 = km 0,000 – km 1,200
Errichtung des Bahnhofes
WIEN HAUPTBAHNHOF
Um...
Annual Report2007
Financial Report
Volume II
European Investment Bank Group •European Investment Bank Group •European Investment Bank Group •European Investment Bank Group
The EIB Group’s 2007 Annual Report consists of three separate
volumes:
-theActivityand Corporate ResponsibilityReport, prese...
Volume II
Annual Report 2008
Financial Report
Volume II
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