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        LBBW GL III

        Signature(s)

        Amount
        € 100,000,000
        Countries
        Sector(s)
        Germany : € 100,000,000
        Credit lines : € 100,000,000
        Signature date(s)
        6/12/2004 : € 38,402,457.76
        13/06/2005 : € 61,597,542.24

        Summary sheet

        Release date
        11 April 2005
        Status
        Reference
        Signed | 06/12/2004
        20020696
        Project name
        Promoter - financial intermediary
        Landesbank Baden-Württemberg Global Loan
        Landesbank Baden-Württemberg, Stuttgart (“LBBW”).
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 100 million.
        Up to EUR 200 million.
        Location
        Sector(s)
        Description
        Objectives

        Global loan (A) for the financing of small and medium sized projects carried out by SMEs or (B) for the financing of small and medium sized projects in the field of environmental protection, rational use of energy, improvement of municipal infrastructure as well as ventures in the sectors of health and education and of housing integrated in well defined urban schemes.

        LBBW’s predominant business policy objective is the promotion of the economic environment in its core market, Baden-Württemberg. The Land Baden-Württemberg is one of the key regions in Germany for innovation and research & development related investments, mostly through its vast SME sector. The global loan would focus on investments of SME’s as well as the related public and private infrastructure, which is one of the main factors to attract new investments in the area.

        Environmental aspects
        Procurement

        Compliance with EU environmental directives and national laws shall be ensured.

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

        Comments

        Environmental protection, the rational use of energy, infrastructure investments, incl. Health, education and urban renewal.

        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).

        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.

        Media enquiries

        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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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