Signature(s)
Amount
€ 300,000,000
Countries
Sector(s)
Switzerland
: € 20,000,000
Germany
: € 280,000,000
Credit lines
: € 300,000,000
Signature date(s)
20/12/2016 : € 10,000,000
19/07/2016 : € 10,000,000
20/12/2016 : € 140,000,000
19/07/2016 : € 140,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
6 June 2016
Status
Reference
Signed | 19/07/2016
20150894
Project name
Promoter - financial intermediary
COMMERZBANK LOAN FOR SMES AND MID-CAPS V
COMMERZBANK AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Not disclosed.
Not applicable.
Location
Sector(s)
Description
Objectives
Project in support of small-scale investments promoted by small and medium-sized enterprises (SMEs) and mid-caps in Germany, although other EU Member States and EFTA countries are not explicitly excluded
Loan for the financing of small-scale project's undertaken by SMEs and mid-caps. Possible sectors may be manufacturing, transport, wholesale and retail trade. A minimum of 70% of the loan will be used to finance SMEs.
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
Other links
Data sheet