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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Germany : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
12/11/2007 : € 20,000,000
12/11/2007 : € 20,000,000
18/04/2007 : € 25,000,000
12/11/2007 : € 35,000,000
7/01/2008 : € 40,000,000
12/02/2008 : € 60,000,000
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Summary sheet

Release date
8 February 2007
Status
Reference
Signed | 18/04/2007
20060425
Project name
Promoter - financial intermediary
Commerzbank Innovation Global Loan III
Commerzbank AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 200 million.
Not applicable.
Location
Sector(s)
Description
Objectives

Credit line focusing on the small and medium sized investments in the Research, Development and Innovation segment primarily in the German public sector. The proposed project will contribute to the EU's Lisbon Agenda.

The proposed global loan intends to lower the funding cost for small-scale investment projects through the co-operation with Commerzbank AG. Commerzbank has identified a multitude of eligible investment projects of common interest, supporting the final beneficiaries in the RDI sector. The operation would therefore promote EU objectives for such projects, which cannot be reached by EIB otherwise.

Environmental aspects
Procurement

The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law.

All eligible projects financed under the proposed global loan will have to comply with the relevant EU and national regulations.

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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 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.

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