Signature(s)
Summary sheet
The operation concerns a credit guarantee fund for small and medium sized businesses in Gaza West Bank, which aims at facilitating access to medium-term bank finance through local banks. The project is being implemented under the aegis of German Financial Cooperation/ KfW, with further financial contributions envisaged from the European Commission and the EIB.
The operation will promote private sector (SME) development and thus contribute to the recovery of the Palestinian economy and the safeguarding and creation of employment opportunities.
The financial intermediaries will undertake to promote compliance of the sub-projects with relevant national and EU law.
Following EIB’s procurement guidelines in force for risk capital financing.
SME and financial sector.
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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).
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