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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Finland : € 100,000,000
    Credit lines : € 100,000,000
    Signature date(s)
    31/10/2002 : € 50,000,000
    10/03/2003 : € 50,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    31 July 2002
    Status
    Reference
    Signed | 31/10/2002
    20020321
    Project name
    Promoter - financial intermediary
    Finnvera Global Loan IV
    Finnvera plc
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 mio
    Min. EUR 200 mio
    Location
    Sector(s)
    Description
    Objectives

    Global Loan for the financing of SMEs in Finland.

    Through the financial intermediary, the Global Loan would provide final beneficiaries (SMEs), with long-term funds at favourable conditions contributing to reducing investment costs and better match the expected economic life of the investments.

    Environmental aspects
    Procurement

    Compliance with EU directives and national legislation and guidelines will be made a condition and is to be confirmed for each allocation under the Global Loan.

    EIB procurement rules applicable to Global Loans will pertain.

    Link to source

    Disclaimer

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

    News & Stories

    Other links
    Data sheet

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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