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    Signature(s)

    Amount
    € 250,000,000
    Countries
    Sector(s)
    Serbia : € 250,000,000
    Credit lines : € 250,000,000
    Signature date(s)
    11/05/2009 : € 250,000,000
    Link to source

    Summary sheet

    Release date
    3 February 2009
    Status
    Reference
    Signed | 11/05/2009
    20080678
    Project name
    Promoter - financial intermediary
    Apex Loan for SMEs.
    The Republic of Serbia.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 250 million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    The Apex Loan for SMEs is intended for financing of SME projects, small and medium scale infrastructure projects promoted by local authorities and any size industrial investments in the fields of the knowledge-economy, energy and environmental protection.

    The objective of the loan is to provide support for the development of the country’s financial system in favour of SMEs, improve competitiveness of the country’s industry, contribute to environmental protection and to the rational use of energy; improve infrastructure of local and regional interest.

    Environmental aspects
    Procurement

    The Bank will require that projects financed under the loan will be compliant with domestic and EU applicable legislation.

    The Bank will require that projects financed under the loan will be compliant with domestic and EU applicable legislation.

    Link to source
    Summary sheet

    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).

    News & Stories

    Other links
    Summary sheet

    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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