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    Referenz: 20200380
    Veröffentlichungsdatum: 18 Juni 2020

    Projektträger – zwischengeschaltetes Finanzinstitut

    MINISTRY OF FINANCE - REPUBLIC OF CYPRUS

    Ort

    Beschreibung

    The project consists in a loan to the Republic of Cyprus supporting new investment needs of SMEs and midcaps, meeting the challenges due to the COVID-19 crisis.

    Ziele

    The aim is to improve competitiveness and access to finance at favourable conditions for SMEs and midcaps in Cyprus. The EIB loan to the Republic of Cyprus will support the Cyprus Entrepreneurship Fund (CYPEF), a state-owned fund for the financing of enterprises carried out by eligible SMEs and, potentially, midcaps in various sectors of the economy, including services, tourism, energy and others. CYPEF will channel the EIB funds through selected banks in Cyprus on a risk-sharing basis.

    Sektor(en)

    Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

    EUR 200 million

    Gesamtkosten (voraussichtlicher Betrag)

    not applicable

    Umweltaspekte

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Auftragsvergabe

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Projektstatus

    Unterzeichnet - 18/03/2021

    Haftungsausschluss

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Tags

    Zypern Durchleitungsdarlehen