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    Signature(s)

    Amount
    € 110,000,000
    Countries
    Sector(s)
    Austria : € 110,000,000
    Credit lines : € 110,000,000
    Signature date(s)
    24/11/2005 : € 110,000,000
    Link to source

    Summary sheet

    Release date
    22 July 2005
    Status
    Reference
    Signed | 24/11/2005
    20040711
    Project name
    Promoter - financial intermediary
    BACA Regionalförderung Global Loan
    Bank Austria Creditanstalt AG
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 110 million.
    In excess of EUR 220 million.
    Location
    Sector(s)
    Description
    Objectives

    Projects of limited scale in the fields of regional development, infrastructure, environmental protection and improvement, energy, health and education.

    Through the financial intermediary, this Global Loan aims at financing of investments of small/medium scale implemented by private and public sector promoters.

    Environmental aspects
    Procurement

    All eligible projects will have to comply with environmental conditions in line with European and national legislation.

    All eligible projects will have to comply with European and national legislation on public procurement.

    Comments

    Projects will comply with EU-Treaty Art. 267 (a) regional development in assisted areas, for infrastructure and/or for (c) environmental policies, energy, urban renewal, health and education.

    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.

    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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