Signature(s)
Amount
€ 14,000,000
Countries
Sector(s)
Zambia
: € 14,000,000
Credit lines
: € 14,000,000
Signature date(s)
27/11/2015 : € 14,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
20 May 2015
Status
Reference
Signed | 27/11/2015
20140126
Project name
Promoter - financial intermediary
FNB Zambia Facility for SMEs and midcaps
First National Bank Zambia LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 14 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
Dedicated line of credit to FNB Zambia for onlending to private small and medium-sized enterprises (SMEs) and midcaps in Zambia.
The line of credit is intended to support the availability of term finance for Zambian SMEs and midcaps. The credit facility will contribute to private sector development in Zambia.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national legislation and EIB standards, as appropriate.
Final beneficiaries will be requested to comply with applicable national legislation and EIB standards, as appropriate.
Link to source
Summary sheet
Other links
Data sheet