Private sector development has been one of the top operational priorities of the Facility for Euro-Mediterranean Investment and Partnership (FEMIP) since it was set up in October 2002. By 2020, the partner countries will have to create 22 million jobs in order to contain their current rate of unemployment. Developing SMEs and the private sector, and enhancing productive foreign direct investment (FDI) and transnational corporate partnerships are the best means of meeting the socioeconomic challenges facing the Mediterranean countries.
The European Union remains the leading investor and trading partner in the Mediterranean region and its resolve has not been weakened despite the global crisis. This is even more striking in the case of small and medium-sized enterprises (SMEs), whose level of investment has been less affected than that of larger companies. Furthermore, SMEs on average generate twice as many jobs per euro invested as large companies and multinationals. That is why we decided to include in this second edition “Entrepreneurs' Success Stories in the Mediterranean”, alongside the experiences of SMEs and tales
INSTITUTO DE CREDITO OFICIAL
Loan for financing small and medium-size investments carried out by SMEs in Spain.
The loan is intended to support projects undertaken by SMEs operating in different sectors of industry and services.
Credit lines
All sub-projects to be financed under this EIB loan to SMEs will be required to comply with relevant national and EU policy and legislation, as appropriate.
The Bank will require that sub-projects financed under this EIB loan to SMEs comply with the relevant EU Directives on procurement, where applicable.
AKBANK TAS
The loan is dedicated to the financing of SMEs and MidCaps in Turkey. Projects will be carried out by SMEs and MidCaps in line with the conditions for the implementation of the EIB Loan for SMEs and MidCaps in Candidate and Potential Candidate Countries.
Providing term finance at favourable conditions for investment in small/medium projects carried out by SMEs and MidCaps.
Credit lines
The financial intermediary shall ensure that the final beneficiaries undertake to implement and operate the relevant investments in conformity with national environment law and the applicable
AKTIA PANKKI OYJ
Loan for the financing of small and medium-sized enterprises (SMEs) located throughout Finland.
Improving access to term finance at favourable conditions for SMEs in Finland.
Services
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
NYKREDIT BANK AS
Loan for SMEs for the financing of small and medium-sized enterprises in Denmark and other EU countries.
The financing supports projects undertaken by SMEs operating in a variety of industry and service sectors. The loan is therefore expected to contribute to an increase in productivity and competitiveness of the final beneficiaries.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
JYSKE BANK A/S
Loan for SMEs for the financing of small and medium-sized enterprises in Denmark and other EU countries.
The financing supports projects undertaken by SMEs operating in a variety of industry and service sectors. The loan is therefore expected to contibute to an increase in productivity and competitiveness of the final beneficiaries.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
DENIZBANK AS
Loan dedicated to the financing of small and medium-scale projects to be carried out by SMEs in Turkey.
Improving access to term finance at favourable conditions, the operation will support Turkey's strategy for enhancing economic growth and employment through the financing of small and medium scale productive investments in eligible sectors. Projects will be carried out by SMEs in line with the conditions for the implementation of the EIB Loan for SMEs in Candidate and Potential Candidate Countries. Up to 50% of the credit will be allocated to SMEs in the agribusiness
BANKINTER SA
Loan for financing small and medium-sized projects carried out primarily by SMEs (at least 70%). A portion of the loan (up to 30%) could be allocated to projects promoted by mid-cap companies. A significant part of the project will be aimed to support financing of innovative SMEs and Mid-Caps under the risk sharing program administered by the EIF.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply
BPCE
Financing of projects promoted by small and medium-sized enterprises (SMEs) in France in the agricultural, industrial and services sectors.
Improving access to term finance on favourable terms for small and medium-sized enterprises.
Credit lines
The final beneficiaries must comply with current EU and national legislation.
The final beneficiaries must comply with current EU and national legislation.
INSTITUTO DE CREDITO OFICIAL
Loan for financing small and medium size investments carried out by SMEs in Spain and the EU.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
ALLIED IRISH BANKS PLC
The operation will be used for SMEs and midcap investments in Ireland and potentially elsewhere in the European Union.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
LUZARO ESTABLECIMIENTO FINANCIERO DE CREDITO SA
Dedicated EIB loan for SMEs and Midcaps to finance small and medium-sized projects in Spain, mainly located in the Basque Country.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
OESTERREICHISCHE HOTEL- UND TOURISMUSBANK GMBH
Financing small and medium size projects carried our by SMEs.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
UNICREDIT LEASING SPA
UNICREDIT SPA
Dedicated EIB loan to finance SMEs via medium/long-term (MLT) lending and leasing schemes
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
BANCO SANTANDER SA
Loan for financing small and medium-sized projects carried out primarily by SMEs (at least 70%), as well as by small mid-cap enterprises up to 30% of the loan amount.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
TURKIYE VAKIFLAR BANKASI TAO
The proposed dedicated Loan is aimed at increasing the availability of long term loans for Midcaps and SMEs across Turkey.
Improving access to term finance at favourable conditions.
Credit lines
The final intermediary shall ensure that the final beneficiaries undertake to implement and operate the relevant investments in conformity with national environment law and the applicable principles of EU law.
The intermediary will be required to ensure that any procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances
COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK BA RABOBANK NEDERLAND
Financing of small and medium-scale projects carried out by SMEs
Financing of small/medium projects carried out by small and medium sized enterprises in the sector of agriculture, industry and services.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
CAIXABANK SA
Dedicated loan for financing small and medium-sized projects in the EU carried out primarily by SMEs (at least 70%). A portion of the loan (up to 30%) could be allocated to projects promoted by mid-cap companies.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK BA RABOBANK NEDERLAND
Financing of small and medium-sized ventures undertaken by SME's in Denmark and Sweden although SMEs in other EU Member States are not explicitly excluded.
Financing of small/medium projects carried out by small and medium sized enterprises.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
de financement en faveur de PME
The EIB is supporting SMEs in Spain with two EUR 200 millions loans to Banesto and Banco Popular. In 2011, the EIB Group provided a record financing of EUR 13 billion for small and medium-sized businesses, reaching more than 120 000 companies throughout Europe. EUR 200 million made available to Banesto for financing SMEs EIB and Banco Popular sign SME financing
Selected banks operating in trade finance in Greece
The EIB would provide guarantees to a network of geographically distributed international banks ("Counterpart Banks") covering their risk on selected Greek banks ("Guarantee Beneficiaries") carrying out trade finance operations for SMEs and mid-caps located in Greece.
Following the current market failure experienced by Greek companies and banks in the area of trade finance, the EIB proposes to establish a Trade Finance Enhancement Programme (TFEP) for SMEs and mid-caps. The EIB guarantees will help re-activating credit lines in favour
TURKIYE HALK BANKASI AS
The proposed joint EIB/EIF facility would be a loan dedicated to the financing of innovative SMEs in several sectors accross Turkey, enhanced by an EIF guarantee on the eligible SME portfolio providing credit risk coverage with the support of the EU Commission.
Focusing on increasing economic efficiency and transformation as well as job creation in Turkey in line with EU objectives, the loan will favour the development of innovative SMEs and small Mid-Caps, and support capacity building, economic efficiency and competitiveness.
Credit lines
The intermediary
SBERBANK OF RUSSIA OAO
A dedicated EIB loan to finance projects promoted by SMEs and Mid-Caps in Russia. Projects in fields considered as priority under the Mandate (i.e. local private sector development, development of social and economic infrastructure, and climate change mitigation and adaptation) carried out by eligible promoters of any size can also be funded, provided that financing in this area does not exceed 30% of the overall EIB loan amount.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable
PROMINVESTBANK
A dedicated EIB loan to finance projects promoted by SMEs. Projects in fields considered as priority under the Mandate (i.e. local private sector development, development of social and economic infrastructure, and climate change mitigation and adaptation) carried out by eligible promoters of any size can also be funded, provided that financing thereof does not exceed 30% of the overall EIB loan amount.
Support of local economy through the provision of long-term funding to small and medium sized counterparts.
Credit lines
Final beneficiaries will be requested to comply
RINGKJOEBING LANDBOBANK A/S
Loan for the financing of small and medium-sized enterprises in Denmark and other EU countries.
The financing supports projects undertaken by SMEs mainly located in Western Jutland and operating in a variety of industry and service sectors, including renewable wind energy. The loan is therefore expected to contribute to an increase in productivity and competitiveness of the final beneficiaries, as well as more rational use of energy and diversification of energy resources.
Credit lines
Final beneficiaries will be requested to comply with applicable national
A number of commercial banks with strong SME lending activities in Greece, names to be confirmed after due diligence.
Loan for banks operating in Greece (including branch networks of foreign banks) for the exclusive financing of projects promoted by small and medium-sized companies (SMEs) in the fields of industry, tourism, and services in Greece.
To improve access to term finance in support of small and medium-sized projects carried out by small and medium-sized enterprises
This operation, subject to approval by EIB's Governing Bodies, would be signed under the Guarantee Fund, which
et européenne en vigueur.
UNICAJA BANCO SA
Dedicated loan for the financing of small and medium sized investments promoted by SMEs. Up to 30% of the loan could be used to finance investments promoted
Supporting small and medium-sized enterprises has been a priority for the EIB Group since 2005. As a wholesale banker, the Group works with commercial banks by providing them with funds and guarantees or sharing certain risks so that they can give you extra support. Who can benefit from an EIB loan for SMEs? What kind of projects can be financed? Who do you contact? This brochure contains the answers to any queries you may have about small business loans supported by the EIB Group.
RAIFFEISEN BANKA AD BEOGRAD
Loan for SMEs with a Mid-Cap tranche for financing projects promoted by SMEs and mid-cap companies, projects promoted by local authorities and final beneficiaries of any size for investments of limited scale in the fields of knowledge economy, energy, environment protection, industry, health, education and services.
Improving access to term finance at favourable conditions for SMEs and mid-caps.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply
ERSTE BANK AD NOVI SAD
Loan for financing small and medium scale projects promoted by SMEs and small Mid-caps, projects promoted by local authorities and final beneficiaries of any size of investment of limited scale in the fields of knowledge economy, energy, environment protection, industry, health, education, and services.
Improving access to term finance at favourable conditions.
EIB Loan for SMEs, small Mid-Caps and Priority Lending. Total project cost up to 100 million - EIB financing is for up to 100 % of project costs for SMEs and small Mid-Caps and 50% for other Final Beneficiaries
BANCO DE SABADELL
Dedicated loan for financing small and medium-sized projects in the EU carried out primarily by SMEs. A portion of the loan could be allocated to projects promoted by mid-cap companies.
Dedicated loan for the financing of small and medium-sized investments promoted by SMEs and mid-cap companies.
Credit lines
The Bank will require that projects financed under this operation comply with EU applicable legislation, where applicable.
The Bank will require that projects financed under this operation comply with EU applicable legislation, where applicable.
UNICREDIT BANK HUNGARY ZRT
Loan for SMEs and Mid-Caps in Hungary.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
RAIFFEISENBANK AS
A loan to finance small and medium-size energy efficiency projects carried out by SMEs as well as other projects of limited size undertaken by SMEs, mid-caps or other public or private promoters mainly in the Czech Republic. The share of projects carried out by SMEs and mid-caps shall be at least 70%.
Financing of projects carried out by SMEs and mid-caps as well as eligible projects of limited size undertaken by other promoters. The loan is also expected to be accompanied by a grant component to support energy efficiency projects undertaken by small and medium-sized
DNB Banka
Loan to finance small and medium-sized enterprises (SMEs)
The loan will provide an alternative source of funding to strengthen the productivity and competitiveness of SMEs.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
ING BANK AS
Loan to finance small and medium-scale projects to be carried out by SMEs and Mid-Caps in Turkey.
Improving access to term finance at favourable conditions to finance small and medium-scale projects, carried out by SMEs and MidCaps in Turkey.
The operation will support Turkey's strategy for enhancing economic growth, employment and exports through the financing of small and medium scale productive investments in eligible sectors.
Credit lines
The financial intermediary shall ensure that the final beneficiaries undertake to implement and operate the relevant investments
ACCEPTABLE BANK(S)
Loan for SMEs and Midcaps to finance small and medium size projects in Canary Islands.
Improving access to term finance at favourable conditions, the present loan will be specifically earmarked for projects contributing to the growth and employment potential of SMEs (including Midcaps) and to the economic and social cohesion in the region of Canary Islands, an outermost and phase-in convergence area.
Credit lines
The Bank will require that projects financed under this operation comply with national and EU applicable legislation, as appropriate and where applicable
ACCEPTABLE BANK(S)
Multicurrency global loan to finance international trade operations carried out by small and medium-sized enterprises (SMEs) and midcaps.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
RAIFFEISEN-LANDESBANK STEIERMARK AG
Loan for SMES and Midcaps in the Austrian Federal State of Styria.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
RAIFFEISEN-LANDESBANK TIROL AG
Loan for SMEs and Midcaps in the Austrian Federal State of Tyrol.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
ACCEPTABLE BANK(S)
Financing of small and medium sized projects promoted mainly by SMEs and MidCap companies in the Spanish region of La Rioja.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
BANCA MARCH SA
Loan for financing small and medium-sized projects carried out by Mid-Caps and SMEs.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
EMPRESA NACIONAL DE INNOVACION SA
EIB loan dedicated for the financing of small and medium sized projects promoted by SMEs.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
CESKA SPORITELNA AS
Financing innovation projects carried out by SMEs and investment projects for other final beneficiaries of any size.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
ERSTE BANK HUNGARY ZRT
Loan for financing small and medium scale projects promoted primarily by SMEs, MidCaps and Public Entities in Hungary
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
BANCO SANTANDER SA
Dedicated EIB loan for SMEs and Mid-Caps to finance small and medium-sized projects, mainly in Spain but also in other EU countries.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
VOLKSBANK CZ AS
Loan dedicated to SMEs and Mid-Caps financing for at least 70%, with the remaining 30% dedicated to the finaning of other priority objectives in the Czech Republic.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
VOLKSBANK SLOVENSKO AS
This loan will be dedicated to SMEs for a minimum of 70% (and MidCaps) financing, with the remaining 30% available for the financing of other priority objectives in Slovakia.
Improving access to term finance at favourable terms.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
BNP PARIBAS.
Financing of projects promoted by SMEs in the industrial, services and agricultural sectors in France.
To provide access to long-term financing on favourable terms.
Credit lines
The final beneficiaries must comply with the applicable national or EU legislation, if necessary.
The final beneficiaries must comply with the applicable national or EU legislation, if necessary.
(SMEs) as well as infrastructure schemes promoted by local authorities. The loans are designed to assist Serbia in its efforts to integrate into the European Union. “The bank of the European Union... of Serbian SMEs and mid-cap companies to long-term financing provided on favourable terms” said Dario Scannapieco, the EIB Vice-President responsible for the Western Balkans, “and I am really pleased... -President Dario Scannapieco. The EIB loan will finance the projects of SMEs and medium-sized companies in the areas of industry and services, including tourism, and also support small and medium-scale
BANCO POPULAR ESPANOL SA
Loan for financing small and medium-sized projects carried out primarily by SMEs. A portion of the loan could be allocated to projects promoted by mid-cap companies.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
BARCLAYS BANK PLC
The operation will be used to finance SME investments throughout the UK.
Improving access to finance for small/medium projects carried out by small and medium sized enterprises.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legisl...
BANK GOSPODARKI ZYWNOSCIOWEJ SA
Dedicated facility to support BGZ's lending programme for Mid-Caps, Small and Medium-sized Enterprises and micro-enterprises in Poland
Improving access to term finance to support investment in small and medium-sized projects.
Credit lines
Final beneficiaries will...
Private Bank
Financing of small and medium-sized ventures undertaken by SME's and Mid-Caps in Poland
Improving access to term finance to support investment in small and medium-sized projects.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislatio...
SPAREBANK 1 SMN
Loan to Sparebank for the financing of small and medium-sized enterprises, mainly in the energy and transport sectors, in Norway and in EU countries.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with appl...
CA LEASING SRBIJA DOO BEOGRAD
CREDIT AGRICOLE SRBIJA AD NOVI SAD
Loan for financing projects promoted by SMEs and medium-sized companies, projects promoted by local authorities and final beneficiaries of any size for investments of limited scale in the fields of knowledge economy, energy, environment protection, industry, health, education and services.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply
TURKIYE SINAI KALKINMA BANKASI AS
The Loan will be primarily dedicated for the financing of investments undertaken by SMEs and Midcaps in Turkey. The possibility to allocate up to 1/3 of the loan to investments of limited scale carried out by non SME/Mid-cap final beneficiaries in priority sectors such as knowledge economy, energy, environment protection (including industrial pollution abatement), health and education will be explored during appraisal.
Financing of projects limited in size mainly carried out by small and medium sized enterprises.
Credit lines
Final beneficiaries
Bank for Development and Foreign Economic Affairs (Vnesheconombank), Moscow, Russian Federation
A dedicated EIB loan to finance projects promoted by SMEs and mid-cap companies in Russia. Projects in fields considered as priority under the EIB Mandate (i.e. local private sector development, development of social and economic infrastructure, and climate change mitigation and adaptation) carried out by eligible promoters of any size can also be funded, provided that financing thereto does not exceed 30% of the overall EIB loan amount.
Support to local economy through provision of long-term
GETIN NOBLE BANK SA
Financing of small and medium-scale projects carried out by SMEs and Mid-Caps.
Sustaining and reinforcing the productivity and competitiveness of SMEs by improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Instituto de Crédito Oficial
EIB loan for SMEs for financing small and medium sized investment carried out by SMEs.
The loan will be dedicated to investments being undertaken by SMEs.
Credit lines
All sub-projects to be financed under this EIB loan to SMEs will be required to comply with relevant national and EU policy and legislation, as appropriate.
The Bank will require that sub-projects financed under this EIB loan to SMEs comply with the relevant EU Directives on procurement, where applicable.
The European Investment Bank (EIB) signed today with EUROBANK a EUR 100 million line of credit for small and medium-sized companies (SMEs) in the fields of industry, tourism, and services in Greece. This is the first line of credit under the Guarantee Fund for Greek SMEs purposefully established to cater for financing needs of SMEs in Greece. The Fund is a joint initiative between the Hellenic Republic, the European Commission and the EIB. Established by using EUR 500 million from unabsorbed Structural Funds for Greece, the Fund will be guaranteeing EIB loans to SMEs via partner banks
The European Investment Bank (EIB) signed today with EUROBANK a EUR 100 million line of credit for small and medium-sized companies (SMEs) in the fields of industry, tourism, and services in Greece. This is the first line of credit under the Guarantee Fund for Greek SMEs purposefully established to cater for financing needs of SMEs in Greece. The Fund is a joint initiative between the Hellenic Republic, the European Commission and the EIB. Established by using EUR 500 million from unabsorbed Structural Funds for Greece, the Fund will be guaranteeing EIB loans to SMEs via partner banks
Ringkjøbing Landbobank
Torvet 1
DK-6950 Ringkøbing
Denmark
Loan for SMEs for the financing of SMEs in Denmark and other EU countries.
To sustain and reinforce the productivity and competitiveness of SMEs.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
SMEs provide 80% of new jobs in the European Union. The EIB Group (EIB and EIF) provided some EUR 13 billion of finance to 120,000 SMEs in 2011. Through a full range of general and targeted instruments the EIB and the EIF support SME financing needs and balance short-term anti-crisis measures with longer-term initiatives to ensure a strong framework for Europe-wide growth. This report presents the results achieved in 2011 in SME financing.
CESKOSLOVENSKA OBCHODNA BANKA AS
Loan for financing small and medium-sized projects carried out primarily by SMEs mainly in Slovakia.
Improving access to term finance at favourable conditions, primarily for SMEs
Credit lines
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
UNICREDIT LEASING AD (Bulgaria)
Loan to Unicredit Leasing AD supporting the financing of SMEs and Mid-caps in Bulgaria.
The loan would contribute to the development of term finance in Bulgaria by providing long-term funding for eligible leasing projects promoted by SMEs and mid-caps.
Credit lines
Final beneficiaries will be requested to comply with the relevant applicable EU and national legislation.
Final beneficiaries will be requested to comply with the relevant applicable EU and national legislation.
The EIB lends money to commercial banks at keen rates to support their lending to small businesses: it provides funds and enables favourable terms. To finance which enterprises ? All independent SMEs... requirements. EIB loans for SMEs can be used to re-establish businesses’ general liquidity ratio. The funds required to purchase raw materials, semi-manufactures, work-in-progress or stock, but also... the EIB create for SMEs ? The EIB requires its partner banks to onlend to SMEs the funds that it provides at favourable rates, adding an equivalent amount from their own funds. The EIB’s intermediary
Supporting the investments of small and medium-sized enterprises (SMEs) , the engine of Europe’s economy, is one of the EIB Group key priorities. During 2011, the EIB Group provided EUR 13 billion of finance for SMEs and midcaps companies. Overall more than 120 000 SMEs received EIB Group support across Europe last year. SMEs account for more than two thirds of private sector employment in Europe... by the EIB and the European Investment Fund to reach micro enterprises, another important mechanism for getting people out of unemployment. EIB loans for SMEs are channelled through commercial banks . Between
Instituto de Crédito Oficial (ICO)
EIB loan for SMEs for financing small and medium-sized investment carried out by SMEs.
The loan is expected to support projects undertaken by SMEs operating in different sectors of industry and services but also in those falling under the scope of the Bank’s knowledge economy initiative.
Credit lines
All sub-projects to be financed under this EIB loan to SMEs will be required to comply with relevant national and EU policy and legislation, as appropriate.
The Bank will require that sub-projects financed under this EIB loan to SMEs comply with the relevant
The European Investment Bank (EIB) is lending EUR 30 million to Raiffeisen Bank SA, Romania, and EUR 15 million to Raiffeisen Leasing IFN SA, Romania, to finance projects promoted by SMEs, mid-cap... -cap sectors by improving the availability of long-term finance provided on favourable terms. This will help to strengthen the competitiveness of the Romanian economy.” “The loans target SMEs and mid... the development of the Romanian economy” said James Stewart, Vice-President of Raiffeisen Bank Romania. These loans are in line with the EIB’s priority of strengthening its support for Europe’s SMEs to help
EIB loans for SMEs are intermediated through financial intermediaries (local partner banks). The EIB requires the intermediary to match the funds provided by its loan with at least the same amount... terms made possible by the EIB’s involvement. The main criteria for selecting local partner banks are : the credit worthiness of the financial intermediary;
its activity with SMEs and its capacity to effectively select SMEs;
its respect of the rules for EIB loans to SMEs.
For whom ? All autonomous SMEs with fewer than 250 employees in the 27 EU Member States are eligible, as are MidCaps
Banque Fédérative du Crédit Mutuel
Credit line for the financing of small and medium-scale projects promoted by SMEs.
Part-financing of small and medium-scale projects undertaken by SMEs.
Credit lines
The final beneficiaries will be required to comply with the relevant national and EU regulations.
The final beneficiaries will be required to comply with the relevant national and EU regulations.
BANK ZACHODNI WBK SA
Financing of small and medium sized ventures undertaken by eligible SMEs in industry and services in Poland.
Improving access to term finance at favourable conditions, the loan will provide an alternative source of funding to strengthen the productivity and competitiveness of eligible SMEs in Poland.
Credit lines
In accordance with the Bank's policy to ensure that sub-loans comply with relevant EU legislation, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the final beneficiary that sub-projects undertaken
CESKOSLOVENSKA OBCHODNI BANKA AS
CSOB LEASING AS
Loan dedicated for at least 80% to SMEs and Mid-Caps and the remaining 20% to the financing of other priority objectives.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
SLOVENSKA SPORITEL'NA AS
Loan for financing small and medium scale projects promoted primarily by SMEs, MidCaps and Public Entities in Slovakia
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
SG EQUIPMENT LEASING POLSKA SP ZOO
Loan for the financing of small and medium - sized projects promoted by SMEs and MIDCAPs in Poland.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
BAWAG PSK
Credit line
Improving access to term finance at favourable conditions for SMEs, Mid-Caps and promoters of priority infrastructure projects
Credit lines
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.
INSTITUTO DE CREDITO OFICIAL
Loan for financing small and medium sized investments promoted by SMEs and Mid-caps in Spain and the EU.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Entrepreneurs are leading the way in bringing the northern and southern rims of the Mediterranean closer together. These successful initiatives emphasise the huge potential of the Euro-Mediterranean region, which has always been a crucible of trade, entrepreneurship and innovation and is destined...
Credito Emiliano S.p.A. (Credem) and/or Credemleasing S.p.A., the leasing subsidiary of the Credem group.
EIB loans for SMEs to finance eligible projects of SMEs in Italy.
The loan will finance investments of small/medium scale promoted by SMEs mainly in industry, services and tourism.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
with a further EUR 200 million, meaning that a total EUR 400 million will be pumped into financing SMEs under the loan agreement. EIB Vice-President Magdalena Álvarez and the CEO of Banca Comercial España, Enrique García Candelas, signed the agreement in Madrid yesterday, giving a boost to SMEs’ business and fostering job creation. At the signing ceremony, the EIB Vice-President said that “this injection of funds for SMEs – the backbone of our economy – will provide a major stimulus for investment and job creation, which are vital in the current economic circumstances”. This credit line follows
T.C. Ziraat Bankasi A.S. – Private sector companies
www.ziraat.com.tr
www.ziraatbank.com.tr
The loan is dedicated to the financing of SMEs in Turkey. It is envisaged that the loan will increase the availability of long term funding for SMEs, focusing on companies outside the country’s largest conurban areas of Istanbul, Ankara and Izmir.
The Loan will support the competitiveness of Turkish SMEs, facilitate their growth potential and therefore also their import and export capacity. Projects will be carried out by SMEs in line with the conditions for the implementation of the EIB Loan
The European Investment Bank (EIB) and Banca Comercială Română S.A. (BCR) sign EUR 50 million loan agreement to finance projects to be carried out by small and medium-sized enterprises (SMEs), midcap companies and public entities in Romania. The EIB loan will co-finance projects contributing towards regional development and the productivity of SMEs and midcap companies in Romania involved in industry and services. Energy efficiency investments carried out by SMEs will also receive grant support from the European Commission (EC) under the SME Finance Facility Energy Efficiency Window, which
(SMEs), midcap companies and public entities in Romania. The EIB loan will co-finance projects contributing towards regional development and the productivity of SMEs and midcap companies in Romania involved in industry and services. Energy efficiency investments carried out by SMEs will also receive grant support from the European Commission (EC) under the SME Finance Facility Energy Efficiency... : “It is an EIB priority to improve the access of SMEs, midcap companies and municipalities to long term finance and contribute to strengthening of their competitiveness. At the same time, EIB funds
(SMEs), midcap companies and public entities in Romania. The EIB loan will co-finance projects contributing towards regional development and the productivity of SMEs and midcap companies in Romania involved in industry and services. Energy efficiency investments carried out by SMEs will also receive grant support from the European Commission (EC) under the SME Finance Facility Energy Efficiency... : “It is an EIB priority to improve the access of SMEs, midcap companies and municipalities to long term finance and contribute to strengthening of their competitiveness. At the same time, EIB funds
-sized enterprises (SMEs). This EIB loan will be matched with the same amount, meaning that a total of EUR 100 million will be made available to Cantabria’s small businesses. The loan agreement was signed... businesses, is the first operation specifically targeting SMEs mounted with ICAF. The EIB provides loans on preferential terms including longer maturities, more flexible disbursement schedules and lower... provided EUR 2 875 million for new credit lines designed to finance the investment projects of SMEs and midcaps in Spain.
KOMERCNI BANKA AS
Loan dedicated to SMEs for at least 70%, the residual amount should benefit other eligible projects.
An estimated 70% of the allocation will qualify under “Loan for SMEs” as per EIB Loan for SMEs characteristics approved by the Board of Directors in September 2008, and the residual amount should benefit Mid-Caps (as per current definition) or local authorities. A majority of the investment should be located in convergence Regions.
Credit lines
The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU
Şekerbank T.A.Ş.
The loan is dedicated to the financing of small and medium scale enterprises (SMEs) with a focus on those SMEs located in the least developed provices of Eastern Turkey, to be implemented by Sekerbank.
The operation will support Turkey’s strategy for enhancing economic growth and employment through an improved access to term finance at favourable conditions for SMEs.
Credit lines
The financial intermediary shall ensure that the final beneficiaries undertake to implement and operate the relevant investments in conformity with national environment law and the applicable
will support primarily the financing operations and projects of innovative SMEs, which due to their size are unable to raise funds on the capital market. For SMEs in particular, access to credit has become... by the retrenchment of the banking sector, i.e. SMEs and Mid-Cap companies, since it is precisely this sector that generates growth and jobs.” As the bank of the European Union, the EIB provides... and training), the promotion of SMEs and Mid-Cap companies and financing of resource efficiency and strategically important infrastructure, especially in the fields of transport, energy and communications
The European Investment Bank (EIB) has signed a EUR 200 million loan agreement with Unicaja Banco for financing the investment projects and working capital needs of SMEs and midcaps (medium-sized... of credit and Unicaja Banco will pass these on to the end borrowers. The funds will be mainly used to finance projects carried out by SMEs and midcaps in the industrial and service sectors, including... institutions are working hard together to facilitate the access of SMEs and midcaps to finance, which is crucial in the current economic circumstances. As an EU objective, supporting SMEs is one of the EIB
Financial Intermediary: DenizBank AS
www.denizbank.com
The loan is dedicated to the financing of small and medium scale enterprises (SMEs) in several sectors across Turkey, to be implemented by Denizbank and Denizleasing. This will be the second operation for SMEs with Denizbank, following the implementation of the previous loan.
The operation will support Turkey’s strategy for enhancing economic growth and employment through the financing of small and medium scale productive investments in eligible sectors. Projects will be carried out by SMEs in line with the conditions
Finansbank A.S.
www.finansbank.com
The loan is dedicated to the financing of small and medium scale enterprises (SMEs) in several sectors across Turkey, to be implemented by Finansbank. This will be the second operation for SMEs with Finansbank following the implementation of the previous loan.
The operation will support Turkey’s strategy for enhancing economic growth and employment through the financing of small and medium scale productive investments in eligible sectors. Projects will be carried out by SMEs in line with the conditions for the implementation of the EIB Loan for SMEs
EUROPEJSKI FUNDUSZ LEASINGOWY SA
Financing dedicated to projects promoted by SMEs and Mid-Caps in Poland in different sectors (including, among others, industry, transport and services) according to the Banks eligibility criteria.
Financing of small/medium projects carried out by small and medium sized enterprises.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
AGENCIA DE INNVACION Y FINANCIACION EMPRESARIAL DE CASTILLA Y LEON
INSTITUTO TECNOLOGICO AGRARIO DE CASTILLA Y LEON
EIB loan dedicated for the financing of small and medium sized projects implemented by SMEs or Mid-Caps.
Improving access to term finance at favourable conditiions.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
COOPERATIEVE CENTRALE RAIFFEISEN-BOERENLEENBANK BA RABOBANK NEDERLAND
Financing of small and medium-scale projects carried out by SMEs and Midcaps in Poland
Improving access to term finance at favourable conditions to support investment in small and medium-sized projects.
Credit lines
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Halkbank A.S. – Private sector companies
www.halkbank.com.tr
The loan is dedicated to the financing of SMEs and MidCaps in Turkey. The operation will focus preliminary on investments in productivity gains, including investments by companies located in or re-locating to Organised Industrial Zones (“OIZs”), as defined by the Turkish legislation on State Encouragements to Investments.
The operation... and competitiveness for SMEs and MidCaps. Projects will be carried out by SMEs and MidCaps in line with the conditions for the implementation of the EIB Loan for SMEs in Candidate and Potential Candidate
SOCIETE GENERALE BANKA MONTENEGRO AD
Loan for financing small and medium-sized projects carried out by SME's as well as Final Beneficiaries of any size and ownership, including Local Authorities.
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be...
SPARKASSE BANK DDSPARKASSE BANK MAKEDONIJA AD SKOPJE
Loan for financing small and medium-sized projects carried out primarily by SME's as well as by other beneficiaries of any size and ownership, including Local Authorities.
Improving access to term finance at favourable conditions.
Credit line...
CENTRO LEASING SPA
INTESA SANPAOLO SPA
LEASINT SPA
MEDIOCREDITO ITALIANO SPA
Dedicated EIB loan to finance SME investments throughout Italy via MLT lending and leasing schemes
Improving access to term finance at favourable conditions.
Credit lines
Final beneficiaries will be requested to comply...
To provide support for small and medium-sized enterprises (SMEs) in their investment and development projects is the purpose of the finance contract signed today by Crédit Mutuel ARKEA’s Chairman... in such a crucial area as access to finance for SMEs ” , said EIB Vice-President Philippe de Fontaine Vive at the signing ceremony. “We are united by this desire to act effectively and as closely as possible to entrepreneurs. Our role is vital, as by contributing to the development of SMEs, we are supporting growth and employment”. This financing operation is particularly important at a time when