Signature(s)
Amount
€ 60,000,000
Countries
Sector(s)
Lebanon
: € 60,000,000
Credit lines
: € 60,000,000
Signature date(s)
15/11/2017 : € 60,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
10 February 2016
Status
Reference
Signed | 15/11/2017
20150484
Project name
Promoter - financial intermediary
BANK AUDI LEBANON SME AND MIDCAPS LOAN
BANK AUDI SAL
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 60 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
A dedicated EIB loan to finance projects promoted mainly by small and medium-sized enterprises (SMEs) and midcaps in Lebanon.
The project aims to improve access to term finance at favourable conditions through the financing of small/medium projects carried out mainly 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.
Under ELM Guarantee
This operation is covered by the ELM Political Risk Guarantee.
Link to source
Summary sheet
Other links
Data sheet