Reference:
20120173
Release date: 4 April 2013
Release date: 4 April 2013
Promoter – Financial Intermediary
ING BANK NV AMSTERDAM - BUCHAREST BRANCH (ING BANK ROMANIA)Location
Description
Loan for SMEs, Mid-Caps, public sector entities and other types of private sector promoters to ING Bank Romania.
Objectives
Financing of small and medium-sized projects carried out by small and medium-sized enterprises, Mid-caps, public sector entities and other beneficiaries in EIB eligible sectors of the economy. Improving access to term finance at favourable conditions.
Comments
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 40 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 19/07/2013