Signature(s)
Amount
€ 40,000,000
Sector(s)
Credit lines
: € 40,000,000
Signature date(s)
22/12/2005 : € 40,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
17 November 2005
Status
Reference
Signed | 21/12/2005
20050170
Project name
Promoter - financial intermediary
Caribbean Development Bank III Facility
Caribbean Development Bank
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 40 million.
Not applicable.
Location
Sector(s)
Description
Objectives
Line of credit from EIB own resources to support CDB lending operations in the Caribbean and, as a second phase, an investment in CDB's share capital and a guarantee facility from IF Resources.
Global loan to finance small and medium sized projects in the Caribbean region.
Environmental aspects
Procurement
All investments financed under the proposed loan will be required to comply with the relevant legal framework in borrowing countries and to be acceptable in environmental terms to the Bank.
The Bank’s standard procurement guidelines applicable to Global Loans will apply.
Comments
All sectors eligible under CDB guidelines including inter alia agriculture, agro industry, manufacturing, tourism, transport, education, power, water and environmental protection.
Link to source
Summary sheet
Other links
Data sheet
Videos
Learn more