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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Germany : € 50,000,000
Credit lines : € 50,000,000
Signature date(s)
9/10/2008 : € 50,000,000
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Summary sheet

Release date
5 November 2004
Status
Reference
Signed | 09/10/2008
20040335
Project name
Promoter - financial intermediary
Thüringer Aufbaubank Global Loan
Thüringer Aufbaubank (TAB). The final beneficiaries will be public or private investors promoting eligible small and medium sized projects.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50m.
EUR 100m.
Location
Sector(s)
Description
Objectives

Projects of limited size promoting environmental protection, rational use of energy, improvement of infrastructure (including health, education and social housing in well defined urban schemes), and eligible projects by SMEs, all in Obj. 1 assisted areas. The GL facility may also be used for projects of limited scale in the fields of Research and Development (R&D, i2i).

The proposed global loan will finance small and medium-scale projects in the fields of improvement of infrastructure, environmental protection, energy saving, health and education as well as housing, the support of which is in line with both national and Community objectives.

Environmental aspects
Procurement

Compliance with EU directives and national legislation and guidelines (e.g. on EIA, etc.) is made a condition and to be confirmed/verified by TAB for each allocation under the Global Loan.

TAB will verify that the final beneficiaries comply with national and EU regulations relating to public procurement. All eligible projects will have to respect the rules and conditions on procurement set out in the side-letters provided to this effect, in line with European and national legislation.

Comments

Regional Development.

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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 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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