Signature(s)
Amount
€ 50,000,000
Countries
Sector(s)
Romania
: € 50,000,000
Credit lines
: € 50,000,000
Signature date(s)
16/12/2021 : € 25,000,000
27/08/2020 : € 25,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
25 June 2020
Status
Reference
Signed | 27/08/2020
20200308
Project name
Promoter - financial intermediary
ISP RO COVID-19 RESPONSE FOR SMES & MIDCAPS
BANCA COMERCIALA INTESA SANPAOLO ROMANIA SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a loan to support Romanian SMEs and midcaps affected by the COVID-19 pandemic.
The aim is to mobilise further resources allowing to finance small/medium projects carried out by the target beneficiaries. This operation, part of EIB and EU member states response to the current crisis, will contribute to mitigate the negative economic effects of the Covid-19.
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
Link to source
Summary sheet
Other links
Data sheet