Signature(s)
Amount
€ 3,000,000
Sector(s)
Credit lines
: € 3,000,000
Signature date(s)
26/11/2018 : € 3,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
2 July 2018
Status
Reference
Signed | 26/11/2018
20170952
Project name
Promoter - financial intermediary
COOPMED II
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 3 million
Not applicable.
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of an increase participation in a debt fund aiming at supporting responsible and environmental investments and financial inclusion in the Mediterranean region through microfinance to be realised under the Risk Capital Facility for Southern Neighbourhood.
This project will improve competitiveness and access to finance at favourable conditions for small and medium-sized enterprises (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
News & Stories
Link to source
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