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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Ireland : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
10/10/2006 : € 100,000,000
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Summary sheet

Release date
1 October 2003
Status
Reference
Signed | 10/10/2006
20030332
Project name
Promoter - financial intermediary
Bank of Scotland (Ireland) SME GL

Bank of Scotland (Ireland) on behalf of:
The Governor and Company of the Bank of Scotland.
72-74 Harcourt Street
Dublin 2, Ireland
Contact: John A. Staunton
Tel: +353 1 415 5453, Fax: +353 1 671 7931.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million.
In line with normal global loan criteria, the EIB would finance up to 50% of eligible project costs.
Location
Sector(s)
Description
Objectives

The proposed global loan will be used across sectors in line with the promoter’s diversified and substantial SME portfolio.

The economic benefit of the proposed operation derives from its contribution towards the development of SME's in Ireland and possibly in Northern Ireland. The proposed global loan is intended to increase the productivity and competitive capacity of SME's located in Objective 1 area.

Environmental aspects
Procurement

The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law.

EIB procurement guidelines for global loans will be applied.

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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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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