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PANCRETAN COOPERATIVE GLOBAL LOAN

Signature(s)

Amount
€ 25,000,000
Countries
Sector(s)
Greece : € 25,000,000
Credit lines : € 25,000,000
Signature date(s)
11/10/2007 : € 25,000,000
Link to source
Data sheet
PANCRETAN COOPERATIVE GLOBAL LOAN
Other links
Summary sheet
Pancretan Cooperative Credit Line

Summary sheet

Release date
1 June 2007
Status
Reference
Signed | 11/10/2007
20070227
Project name
Promoter - financial intermediary
Pancretan Cooperative Credit Line

Pancretan Cooperative Bank

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 25 million.
Not applicable.
Location
Sector(s)
Description
Objectives

Line of creditto support the development of small and medium-sized companies and small and medium-sized projects in industry, tourism, services, infrastructure, energy, environmental protection, health & education in Greece.

Financing of investments of small/medium scale by small and medium sized enterprises, local authorities or municipal companies or promoters of any size.

Environmental aspects
Procurement

All investment financed under the proposed loan will be required to comply with the relevant legal framework in Greece and to be acceptable in environmental term to EIB, in line, as appropriate, with EU environmental policy and legislation.

EIB’s standard procurement guidelines applicable to Global Loans will apply.

Comments

All industrial, tourism, services, infrastructure, energy, environmental protection, health & education sectors normally eligible for EIB.

Link to source
Summary sheet
Pancretan Cooperative Credit Line
Other links
Data sheet
PANCRETAN COOPERATIVE GLOBAL LOAN

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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