Release date: 23 February 2011
Promoter – Financial Intermediary
The Republic of Serbia
Location
Description
The Apex Loan for SMEs II is intended for financing of SME projects, small and medium scale infrastructure projects promoted by local authorities and any size investments in the fields of knowledge technology, energy, infrastructure, environmental protection, industry, health and education, and services.
Objectives
The objective of the loan is to provide support for the development of the country’s financial system in favour of SMEs, improve competitiveness of the country’s industry, contribute to environmental protection and to the rational use of energy, improve infrastructure of local and regional interest.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
The Bank will require that projects financed under the loan comply with domestic and applicable EU legislation.
Procurement
The Bank will require that projects financed under the loan comply with domestic and applicable EU legislation.
Status
Signed - 16/05/2011