Release date: 5 January 2015
Promoter – Financial Intermediary
Investment and Development Fund of Montenegro JSCLocation
Description
Loans for financing small and medium-sized projects carried out primarily by SMEs as well as final beneficiaries of any size and ownership, including local authorities
Objectives
Financing of small/medium projects carried out by primarily by small and medium-sized enterprises as well as local authorities
Comments
The project will be implemented during the years 2015 and 2016.
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 70 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 and EU legislation, as appropriate.
Status
Signed - 16/03/2015
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).