Signature(s)
Amount
€ 45,000,000
Countries
Sector(s)
Serbia
: € 45,000,000
Credit lines
: € 45,000,000
Signature date(s)
11/06/2004 : € 45,000,000
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Data sheet
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Summary sheet
Release date
23 March 2004
Status
Reference
Signed | 11/06/2004
20030522
Project name
Promoter - financial intermediary
APEX Global Loan II
The National Bank of Serbia will act as an agent for onlending through selected financial intermediaries.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 40 million.
The Bank’s loan would finance up to 50% of the costs of all subprojects.
Sector(s)
Description
Objectives
Line of credit for the financing of projects of SMEs and, possibly, small infrastructure projects at Municipality level.
Financing of sustainable capital investments of small and medium sized enterprises and local authorities, thereby enhancing the prospects for economic growth and employment in Serbia and Montenegro.
Environmental aspects
Procurement
All investments financed under the proposed loan will be required to comply with the relevant legal framework in Serbia and Montenegro and to be acceptable in environmental terms to the Bank.
The standard EIB procurement rules applicable to global loan operations will pertain.
Comments
Global Loan covering all of the productive sectors of the economy.
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Summary sheet
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Data sheet
News & Stories
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