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FINNVERA GL VI

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Finland : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
24/03/2006 : € 100,000,000
Link to source
Data sheet
FINNVERA GL VI
Other links
Summary sheet
Finnvera Global Loan VI

Summary sheet

Release date
5 October 2005
Status
Reference
Signed | 24/03/2006
20050333
Project name
Promoter - financial intermediary
Finnvera Global Loan VI
Finnvera plc, headquartered in Helsinki and in Kuopio.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million.
Approximately EUR 200 million.
Location
Sector(s)
Description
Objectives

Global loan for the financing of small and medium-sized enterprises (SMEs) in the sectors of industry, tourism and services, located throughout Finland.

The global loan facility will help to support the development of SMEs in Finland in particular by lowering the cost of funding for participating SMEs. For those final beneficiaries located in assisted areas, it will also contribute towards regional development.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with EU environmental directives and national legislation.

Final beneficiaries will be requested to comply with EU procurement directives.

Link to source
Summary sheet
Finnvera Global Loan VI
Other links
Data sheet
FINNVERA GL VI

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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