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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Croatia : € 30,000,000
    Credit lines : € 30,000,000
    Signature date(s)
    6/06/2003 : € 10,000,000
    6/06/2003 : € 20,000,000
    Link to source

    Summary sheet

    Release date
    16 April 2003
    Status
    Reference
    Signed | 06/06/2003
    20030028
    Project name
    Promoter - financial intermediary
    Raiffeisenbank Global Loan
    Raiffeisenbank Austria d.d., Zagreb (RBA) and Raiffeisen leasing d.o.o., Zagreb (RL). The proposed borrowers are respectively the Croatian banking and leasing subsidiaries of the Raiffeisen Zentralbank Osterreich (RZB) Group.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    N/A
    Location
    Sector(s)
    Description
    Objectives

    The proposed global loan is directed to the financing of projects of small to medium size in the fields of infrastructure, environmental protection and improvement, energy, health, education, as well as industrial and services sector projects of limited size carried out by SMEs.

    To enhance the prospects for economic growth and employment in Croatia through the provision of long-term financing, thereby allowing private sector enterprises to undertake longer-term capital investments. It also will contribute to improving the competitiveness of Croatian industry from an EU-Croatia trade perspective.

    Environmental aspects
    Procurement

    All eligible projects will have to respect the environmental conditions to ensure compliance with European and national legislation

    The Bank’s standard procurement guidelines applicable to Global Loans will apply.

    Comments

    Industry, infrastructure (including health and education), tourism, energy savings, services and environmental protection.

    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).

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    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.
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    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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