Geniki Global Loan

Promoter – Financial Intermediary

Geniki Bank of Greece

Location

• Greece

Description

Investment of small/medium scale projects in Greece.

Objectives

• Financing of investments of small/medium scale by SMEs
• Financing of small and medium sized infrastructure throughout Greece.

Comments

• All industrial, manufacturing, trading and services sectors normally eligible for EIB financing.
• Infrastructure sector normally eligible for EIB financing.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 40 million

Total cost (Approximate amount)

Not Applicable.

Environmental aspects

All investment financed under the proposed loan will be required to comply with the relevant legal framework in Greece and to be acceptable in environmental terms to EIB, in line, as appropriate, with EU environmental policy and legislation.

Procurement

EIB’s standard procurement guidelines applicable to Global Loans will apply.

Status

Signed - 18/10/2006