Signature(s)
Amount
€ 25,000,000
Countries
Sector(s)
Philippines
: € 25,000,000
Credit lines
: € 25,000,000
Signature date(s)
17/12/2004 : € 25,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
16 September 2004
Status
Reference
Signed | 17/12/2004
20020580
Project name
Promoter - financial intermediary
Development Bank of the Philippines Global Loan
The Development Bank of the Philippines.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Approx. EUR 25 m.
Not applicable.
Location
Sector(s)
Description
Objectives
Financing of small and medium size investments in industry (including agro-industry), eligible health and urban development sectors, commercial infrastructure, tourism, and related services including leasing and microfinance.
Assisting the development of small and medium scale investments by making available, at competitive market rates, long-term financial resources.Encouraging further investment and strengthening the financial sector.
Environmental aspects
Procurement
The borrower will be requested to ensure that the final beneficiaries comply with the local legislation and with EIB rules and guidelines, as appropriate.
EIB procurement guidelines for global loans will be applied.
Link to source
Summary sheet
Other links
Data sheet