Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
Greece
: € 100,000,000
Credit lines
: € 100,000,000
Signature date(s)
3/01/2020 : € 100,000,000
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Summary sheet
Release date
14 November 2019
Status
Reference
Signed | 03/01/2020
20190794
Project name
Promoter - financial intermediary
PIRAEUS BANK LOAN FOR AGRICULTURE & BIOECONOMY
PIRAEUS BANK SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
Loan for small and medium-sized enterprises (SMEs) and mid-caps located in Greece, operating in the agriculture and bioeconomy sectors. At least 10% of the loan will be dedicated to young farmers.
The project will aim to improve access to finance for SMEs and mid-caps (including farmers) in the agriculture and bioeconomy sectors in Greece. It will also aim at stimulating lending to young farmers.
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.
Related projects
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