Release date: 7 March 2016
Promoter – Financial Intermediary
NATIONAL BANK OF GREECE SALocation
Description
An operation utilising a loan substitute (asset-backed securities (ABS) transaction) to channel EIB financing to support small and medium-sized enterprises (SMEs) and mid-caps mainly in Greece.
Objectives
Financing of small/medium projects carried out by small and medium-sized enterprises, mainly in Greece.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 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 - 1/08/2016
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).