Global loan for the financing of projects of limited size in assisted areas contributing towards environmental protection, rational use of energy and improvement of urban infrastructure in particular.

"> Global loan for the financing of projects of limited size in assisted areas contributing towards environmental protection, rational use of energy and improvement of urban infrastructure in particular.

"/> Global loan for the financing of projects of limited size in assisted areas contributing towards environmental protection, rational use of energy and improvement of urban infrastructure in particular.

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Commerzbank Zielgebiets Globaldarlehen VI

Summary sheet

Release date
4 October 2007
Status
Reference
Signed | 05/09/2007
20070060
Project name
Promoter - financial intermediary
Commerzbank Zielgebiets Globaldarlehen VI
Commerzbank AG, Frankfurt am Main

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 50 million.
EUR 100 million.
Location
Sector(s)
Description
Objectives

Global loan for the financing of projects of limited size in assisted areas contributing towards environmental protection, rational use of energy and improvement of urban infrastructure in particular.

The provision of financing under the project will be directed to operations in the assisted areas in Germany and as the case may be in other EU member states the project thereby promoting economic and social cohesion as well as contributing towards reduction of regional disparities.

Environmental aspects
Procurement

Compliance with EC directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the Global loan.

Compliance with EC directives and national legislation and guidelines is made a condition and to be confirmed for each allocation under the Global loan.

Link to source
Summary sheet
Commerzbank Zielgebiets Globaldarlehen 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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