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BAWAG REGIONAL DEVELOPMENT GL

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Austria : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
17/03/2006 : € 20,000,000
6/10/2005 : € 80,000,000
Link to source
Data sheet
BAWAG REGIONAL DEVELOPMENT GL
Other links
Summary sheet
BAWAG Regional Development Global Loan

Summary sheet

Release date
25 April 2005
Status
Reference
Signed | 06/10/2005
20040439
Project name
Promoter - financial intermediary
BAWAG Regional Development Global Loan
Bank für Arbeit und Wirtschaft AG, Vienna
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
About EUR 100 million.
Not applicable
Location
Sector(s)
Description
Objectives

This global loan would focus on projects of limited scale in the fields of environmental protection and improvement as well as infrastructure, energy, health, education and SMEs situated to more than 70% in regional development areas.

Through the financial intermediary, the global loan would aim at providing long-term funding for eligible projects promoted by public and semi-public entities as well as SMEs.

Environmental aspects
Procurement

All eligible projects will have to comply with environmental conditions according to national and EU regulations.

All eligible projects will have to comply with public procurement EU legislation.

Comments

  1. Environmental protection and improvement,
  2. Rational use of energy,
  3. Infrastructure (including health, education and urban renewal),
  4. SMEs.

Link to source
Summary sheet
BAWAG Regional Development Global Loan
Other links
Data sheet
BAWAG REGIONAL DEVELOPMENT GL

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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