Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 10,000,000
    Countries
    Sector(s)
    Rwanda : € 10,000,000
    Credit lines : € 10,000,000
    Signature date(s)
    21/12/2006 : € 3,000,000
    2/02/2007 : € 7,000,000
    Link to source

    Summary sheet

    Release date
    19 October 2006
    Status
    Reference
    Signed | 21/12/2006
    20060307
    Project name
    Promoter - financial intermediary
    Rwanda Global Loan II - Private Sector Support
    • Banque Rwandaise De Développement (Contact person : Mr. Théogène Turatsinze ; Fax No : 250 - 573569)
    • Banque Commerciale du Rwanda ( Contact Person : Mr. David Kuwana ; Fax No : 250 - 593395)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 10 million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Line of Credit for on-lending in the form of medium and long-term financing in Euros and local currency.

    Financing of Rwandan companies, particularly Small and Medium sized, and micro enterprises.

    Environmental aspects
    Procurement

    Investors in Rwanda are required to respect the national legislation on the matter. The selected banks do recognise that environmental risks have to be part of the standard risk assessment procedures.

    The financial intermediaries will ensure that equipment, works and services to be financed will be procured at the most advantageous prices, having regard to quality and efficiency, and that an open international bidding procedure will be followed where appropriate.

    Comments

    Sectors eligible under the Cotonou Agreement, including, agribusiness, manufacturing, transport, construction, energy, health and education, and services amongst others.

    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.

    Related publications