Veröffentlichungsdatum: 20 April 2023
Projektträger – zwischengeschaltetes Finanzinstitut
PROCREDIT BANK (BULGARIA) ADOrt
Beschreibung
The project consists in an EIB Group's guarantee covering an existing portfolio of loans and leases targeting small and medium sized enterprises (SMEs) and Midcaps. The operation will enable ProCredit Bank Bulgaria to further expand its lending to the target beneficiaries, including those implementing projects that support green objectives.
Additionality and Impact
The project contributes to the Bank's lending priority objectives on SMEs, as well as on climate action (transversal). Through an intermediated approach, the Bank will reach SMEs and MidCaps financing small and mid-size projects, which could otherwise not be reached. In addition, the operation supports the financial intermediary's sustainability strategy, increasing its lending in the sector and diversifying its funding sources. The project addresses a number of market failures: From the continuously existing and further widening financing gap stemming from higher interest rates for SMes, the gap in long tenor financing for Climate Action projects. EIB is providing adequate financing sources in terms of pricing and longer maturities. The EIB's contribution will be most visible on the financial contribution side by accelerating the fundraising and crowding in other financiers.
Ziele
The aim is to increase availability of finance for projects carried out by SMEs and Midcaps operating in the industry and services sector. This operation will also contribute to mitigate the negative economic effects of the pandemic and significant part of the financed sub-projects will be dedicated to tackling climate change.
Sektor(en)
- Durchleitungsdarlehen - Durchleitungsdarlehen
Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)
EUR 140 million
Gesamtkosten (voraussichtlicher Betrag)
EUR 348 million
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 - 21/06/2023
Haftungsausschluss
Bis Finanzierungen vom Verwaltungsrat genehmigt und anschließend unterzeichnet werden, befinden sich die Projekte in der Prüfungs- oder Verhandlungsphase. Die Angaben auf dieser Seite sind daher unverbindlich.
Sie dienen lediglich der Transparenz und stellen nicht die offizielle EIB-Politik dar (vgl. auch die erklärenden Anmerkungen).