Credit line for further development of financing of SMEs and small infrastructure projects promoted by public sector authorities, in particular in the fields of infrastructure improvement, environment, energy, industry and services.
Objectives
To lease financing for SME projects, small and medium scale infrastructure projects promoted by local authorities and any size industrial projects in the fields of knowledge economy, energy and environmental protection.
Legal documentation will include the obligation for financial intermediaries to ensure that projects financed under this loan are in line with relevant national and/or EU environmental legislation.
Procurement
Legal documents will oblige the borrower to ensure that equipment purchases, services and works are procured in compliance with Bank’s usual criteria.
Status
Signed
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11/11/2009.
Disclaimer
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.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.
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.
