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        ALPHA BK RO-BG SME LOANS & PRIORITY LE

        Signature(s)

        Amount
        € 60,000,000
        Countries
        Sector(s)
        Bulgaria : € 10,000,000
        Romania : € 50,000,000
        Credit lines : € 60,000,000
        Signature date(s)
        28/12/2009 : € 10,000,000
        29/12/2009 : € 50,000,000

        Summary sheet

        Release date
        10 November 2009
        Status
        Reference
        Signed | 28/12/2009
        20090429
        Project name
        Promoter - financial intermediary
        Alpha Bank RO-BG SME Loans & Priority Lending

        Alpha Bank Bulgaria (for the part of the loan earmarked for Bulgaria).
        Alpha Bank Romania SA (for the part of the loan earmarked for Romania).

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 10 million for Alpha Bank Bulgaria; Up to EUR 50 million for Alpha Bank Romania SA.
        Not applicable
        Location
        Sector(s)
        Description
        Objectives

        EIB Loan for SMEs financing small and medium-scale projects consisting of fixed and movable productive assets in the fields of energy, environment, infrastructure, development of a knowledge-based economy, industry, tourism, as well as services in Bulgaria and Romania, promoted by Small and Medium-Sized enterprises and other business entities.

        The loan would contribute to the development of term finance available to SMEs and other selected business entities in Bulgaria and Romania by providing long term lending resources for eligible projects.

        Environmental aspects
        Procurement

        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

        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).

        General enquiries and comments

        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.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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