Release date: 10 October 2016
Promoter – Financial Intermediary
VSEOBECNA UVEROVA BANKA ASLocation
Description
Operation to support financing of small and medium-sized projects carried out by small and medium-sized enterprises (SMEs), mid-caps and other eligible private and public entities mostly in Slovakia. The operation might potentially take the form of a purchase of mortgage-covered bonds issued by the borrower, Vseobecna Uverova Banka AS (VUB). In such case VUB undertakes to generate a portfolio of new loans to SMEs, mid-caps and other public and private entities.
Objectives
Financing of small/medium projects carried out by small and medium-sized enterprises.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Eligible SMEs, mid-caps and other private and public entities will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Eligible SMEs, mid-caps and other private and public entities will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 6/12/2016