EFG Bank and Leasing Loan for SMEs

Promoter – Financial Intermediary

Eurobank EFG a.d. Beograd
and
EFG Leasing a.d. Beograd

Location

• Serbia

Description

Credit line for SME projects, infrastructure projects promoted by local authorities and any size industrial investments in fields of the knowledge economy, energy, environmental protection, health and education.

Objectives

Make available access to long-term funds at affordable interest rates to sectors of economy with least availability of financing – small and medium size enterprise and local authorities.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 50 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

The financial intermediaries will be requested to ensure compliance of sub-projects with EU directives.

Procurement

The final intermediaries will be requested to ensure compliance of sub-projects with relevant national and EU environmental laws, as appropriate.

Status

Signed - 12/06/2009