IDC V Line of Credit

Promoteur – Intermédiaire Financier

Industrial Development Corporation of South Africa (IDC)

Lieu

• Afrique du Sud

Description

Line of credit for on-lending to private sector small and medium sized South African companies.

Objectifs

Improve the availability of long-term funding in order to help the SMEs to develop and expand their operations, and hence create employment.

Secteur(s)

• Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 60 million.

Coût total (montant approximatif)

Not applicable.

Aspects environnementaux

The financial intermediary will be requested to ensure compliance of the sub-projects with both national standards and international recommendations in the field of environment and the protection of nature conservation sites, as appropriate.

Passation des marchés

The financial intermediary will be requested to ensure compliance of the sub-projects with the Bank’s procurement guidelines, as appropriate.

Statut

Signé - 8/05/2009