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ARKEA COVID19 CRISIS RESPONSE FOR SME&MIDCAP

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
France : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
24/06/2020 : € 200,000,000
Link to source
Data sheet
ARKEA COVID19 CRISIS RESPONSE FOR SME&MIDCAP
Other links
Summary sheet
ARKEA COVID19 CRISIS RESPONSE FOR SME&MIDCAP
Parent project
EU PL RESPONSE TO COVID19 CRISIS FOR SME&MIDCAPS

Summary sheet

Release date
18 May 2020
Status
Reference
Signed | 24/06/2020
20200272
Project name
Promoter - financial intermediary
ARKEA COVID19 CRISIS RESPONSE FOR SME&MIDCAP
CREDIT MUTUEL ARKEA,ARKEA BANQUE ENTREPRISES ET INSTITUTIONNELS
Proposed EIB finance (Approximate amount)
EUR 200 million
Location
Sector(s)
Description
Objectives

The project will support SMEs and Midcaps affected by Covid19 crisis in France.

The aim is to enhance access to finance to the target beneficiaries to implement their small and medium sized projects.

Environmental aspects
Procurement

Final beneficiaries should comply with relevant national and EU legislation.

Final beneficiaries should comply with relevant national and EU legislation.

Related projects
Parent project
EU PL RESPONSE TO COVID19 CRISIS FOR SME&MIDCAPS
Link to source
Summary sheet
ARKEA COVID19 CRISIS RESPONSE FOR SME&MIDCAP
Other links
Data sheet
ARKEA COVID19 CRISIS RESPONSE FOR SME&MIDCAP

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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