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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Ireland : € 150,000,000
    Credit lines : € 150,000,000
    Signature date(s)
    24/10/2003 : € 150,000,000
    Link to source

    Summary sheet

    Release date
    2 September 2003
    Status
    Reference
    Signed | 24/10/2003
    20030303
    Project name
    Promoter - financial intermediary
    Allied Irish Banks plc Global Loan VIII

    Allied Irish Banks plc

    Attn: Gabrielle Croke, Credit & Bank Relations, AIB Capital Markets, Carrisbrook House, Ballsbridge, Dublin 4, Tel: +353 1 874 0222.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million.
    In line with normal global loan criteria, the EIB would finance up to 50% of eligible project costs.
    Location
    Sector(s)
    Description
    Objectives

    Global loan dedicated to finance projects promoted by small and medium sized companies (“SMEs”).

    To provide an alternative source of funding for financial institutions to enhance their SME lending.

    Environmental aspects
    Procurement

    The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law.

    EIB procurement guidelines for global loans will be applied.

    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

    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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    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.

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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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