The loan consists of a credit line to selected Tunisian banks. The projects targeted in the sectors mentioned below will consist of small and medium-scale schemes involving the creation, modernisation, expansion and rehabilitation of local enterprises.
The operation meets the objectives of the reinforced Facility for Euro-Mediterranean Investment and Partnership (FEMIP) with regard to private sector development (financing of small and medium-sized schemes), the strengthening of the financial sector and industrial modernisation.
All sub-projects financed under the proposed loan must meet the EIB's requirements with respect to credit lines and comply with the relevant national legislation, which is often comparable to current EU directives. In certain specific cases, approval by the National Environmental Protection Agency (ANPE) will be required.
Usual rules applicable to private sector projects financed by credit lines.
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how the EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.