Signature(s)
Summary sheet
The operation consists of a credit line to selected Tunisian banks and leasing companies. These institutions will be chosen on the basis of banking criteria and in accordance with their ability to finance the projects targeted by the global loan.
The projects targeted in the abovementioned sectors consist of small and medium-scale ventures involving the creation, modernisation, expansion and rehabilitation of local enterprises.
The project meets the objectives of the reinforced Facility for Euro-Mediterranean Investment and Partnership (FEMIP) with regard to private sector development, the strengthening of the financial sector and industrial modernisation.
All sub-projects financed under the proposed loan must meet the EIB's requirements with respect to global loans and comply with the relevant national legislation, which is comparable to current EU directives. In certain specific cases, approval by the National Environmental Protection Agency will be required.
Usual rules applicable to private sector projects financed under global loans.
Industry, Services, Tourism, Health and Education.