Signature(s)
Amount
€ 150,000,000
Countries
Sector(s)
Finland
: € 150,000,000
Credit lines
: € 150,000,000
Signature date(s)
2/03/2009 : € 150,000,000
Summary sheet
Release date
19 September 2007
Status
Reference
Signed | 02/03/2009
20070367
Project name
Promoter - financial intermediary
Finnvera Global Loan VII (SME)
Finnvera plc, headquartered in Helsinki and in Kuopio.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million.
Approximately EUR 300 million.
Location
Sector(s)
Description
Objectives
Credit line for the financing of small and medium-sized enterprises (SMEs), in particular in the sectors of industry, tourism, energy, environment and services, located throughout Finland.
To sustain and reinforce the productivity and competitiveness of SMEs.
Environmental aspects
Procurement
Final beneficiaries will be required to ensure compliance with EU environmental directives and national legislation.
Final beneficiaries will be required to ensure compliance with EU procurement directives.