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CIBANK LOAN FOR SMES AND MIDCAPS

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Bulgaria : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
13/03/2014 : € 50,000,000
26/09/2013 : € 50,000,000
Link to source
Data sheet
CIBANK LOAN FOR SMES AND MIDCAPS
Other links
Summary sheet
CIBANK LOAN FOR SMES AND MIDCAPS
Related press
Bulgaria: EIB increases its support for industrial and agricultural SMEs

Summary sheet

Release date
26 April 2013
Status
Reference
Signed | 26/09/2013
20130080
Project name
Promoter - financial intermediary
CIBANK LOAN FOR SMES AND MIDCAPS
CIBANK JSC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 105 million
EUR 210 million
Location
Sector(s)
Description
Objectives

Loan for SMEs and Midcaps for investment and working capital projects in Bulgaria.

Financing of small/medium projects carried out by SMEs and Midcaps

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Link to source
Summary sheet
CIBANK LOAN FOR SMES AND MIDCAPS
Other links
Data sheet
CIBANK LOAN FOR SMES AND MIDCAPS
Related press
Bulgaria: EIB increases its support for industrial and agricultural SMEs

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).

News & Stories

Link to source
Related press
Bulgaria: EIB increases its support for industrial and agricultural SMEs
Other links
Data sheet
CIBANK LOAN FOR SMES AND MIDCAPS
Summary sheet
CIBANK LOAN FOR SMES AND MIDCAPS

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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