Release date: 24 September 2015
Promoter – Financial Intermediary
Acceptable CounterpartsLocation
Description
Multibeneficiary intermediated loans to finance eligible environmental and social investments, notably supporting job creation
Objectives
The operation will help meet EIB priorities in terms of expected high value-added and environmental and social impact. Projects will be selected within the context of the financial intermediaries' eligible corporate social responsibility (CSR) activities, enhancing the Bank's support to the economic development of small and medium-sized enterprises (SMEs) and mid-caps contributing to job creation and other private sector entities with investments in these areas.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The Bank will require that sub-projects financed under this loan comply with national legislation and applicable EU environmental legislation, as appropriate.
Procurement
The Bank will require that sub-projects financed under this loan comply with national legislation and applicable EU procurement legislation, as appropriate.
Status
Signed - 10/05/2016
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).