VEB LOAN FOR SMES AND MID-CAPS
- Reference: 20120318
- Release date: 06 December 2012
Bank for Development and Foreign Economic Affairs (Vnesheconombank), Moscow, Russian Federation
- Russian Fed.
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 financing in particular to small and medium-sized enterprises and mid-cap companies.
- Credit lines
EUR 200 million
Total cost (Approximate amount)Not applicable.
Environmental aspectsFinal 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.
Signed - 15/03/2013.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
