Deutsche Kreditbank New Länder (Global loan III)

Promoter – Financial Intermediary

Deutsche Kreditbank AG, Berlin.

Location

• Germany

Description

Global loan for the financing of small and medium sized projects carried out by public and private sector promoters in the sectors below.

Objectives

The global loan will focus on investments in the Eastern German Länder, an objective 1 area, and help to stimulate regional development.

Comments

Health and education, environment, energy, social housing and investments by SMEs.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 150m.

Total cost (Approximate amount)

n.a.

Environmental aspects

Compliance with EC environmental directives and national laws shall be ensured.

Procurement

For the award of public contracts the EC tender directives are to be followed.

Status

Signed - 17/11/2005