Signature(s)
Summary sheet
The proposed facility consists of an Apex Global Loan open to Lebanese Banks selected by EIB and aimed at co-financing private sectors investments in support of SMEs affected by the recent conflict.
Lebanese SMEs have been seriously affected by the recent conflict and need access to tailored credit facilities; (longer maturities and grace periods - lower interest rates). The proposed financing will provide a sustainable means of support for the backbone of private sector business in the country.
All investments financed from the resources made available by the Bank through global loan operations are required to comply with the relevant national legal framework and be acceptable, in environmental terms, to the Bank in line, as appropriate, with the EU Environmental policy and legislation.
The Bank’s standard procurement guidelines to Global loans will apply.
Multi-sector.
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).
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