Signature(s)
Amount
€ 550,000,000
Countries
Sector(s)
Greece
: € 550,000,000
Credit lines
: € 550,000,000
Signature date(s)
25/07/2019 : € 25,000,000
18/07/2019 : € 25,000,000
28/06/2019 : € 50,000,000
9/12/2019 : € 50,000,000
28/06/2019 : € 100,000,000
21/05/2019 : € 100,000,000
3/06/2019 : € 100,000,000
3/06/2019 : € 100,000,000
Link to source
Other links
Summary sheet
Release date
19 March 2019
Status
Reference
Signed | 21/05/2019
20180852
Project name
Promoter - financial intermediary
LOAN FOR YOUTH EMPLOYMENT & FEMALE EMPOWERMENT
PIRAEUS BANK SA,NATIONAL BANK OF GREECE SA,PANCRETAN COOPERATIVE BANK LTD,EUROBANK ERGASIAS SA,ACCEPTABLE BANK(S),ALPHA BANK AE
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 550 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a programme of Multi-Beneficiary Intermediated Loans (MBIL) through acceptable banks operating in Greece for the purposes of on-lending to small and medium-sized enterprises (SMEs) and mid-caps, with a focus on youth employment and women's empowerment at workplace.
This project will improve access to term finance for SMEs and mid-caps in Greece, support youth employment and facilitate the empowerment of women at workplace.
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
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News & Stories
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