Release date: 9 April 2014
Promoter – Financial Intermediary
DENIZBANK ASLocation
Description
Dedicated loan for the financing of investments of limited size, undertaken by Municipalities and Municipality related entities. The operation will focus on improving the public service and local infrastructure. This will enhance the quality of life and the economic climate to attract investments in regions served by these Municipalities.
Objectives
The operation will focus on improving public service and infrastructure, thus improving the quality of life for inhabitants and the economic attractiveness of the relevant regions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national legislation and the EIB Guide to Procurement.
Status
Signed - 6/06/2014
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).