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HELLENIC BANK LOAN FOR SMES

Signature(s)

Amount
€ 58,000,000
Countries
Sector(s)
Cyprus : € 28,000,000
Greece : € 30,000,000
Credit lines : € 58,000,000
Signature date(s)
10/07/2009 : € 28,000,000
10/07/2009 : € 30,000,000
Link to source
Data sheet
HELLENIC BANK LOAN FOR SMES
Other links
Summary sheet
Hellenic Bank Loan for SMEs
Related press
Cyprus: EIB renews cooperation with major Cypriot banks in support of SMEs and youth employment

Summary sheet

Release date
18 May 2009
Status
Reference
Signed | 10/07/2009
20090162
Project name
Promoter - financial intermediary
Hellenic Bank Loan for SMEs
Hellenic Bank Public Company LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 70 million.
Not applicable.
Location
Sector(s)
Description
Objectives

EIB loan for SMEs for the financing of small and medium sized projects promoted by small and medium sized companies in industry, tourism, and services in Cyprus and Greece.

Financing investments of small/medium scale undertaken by small, and medium size enterprises.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Link to source
Summary sheet
Hellenic Bank Loan for SMEs
Other links
Data sheet
HELLENIC BANK LOAN FOR SMES
Related press
Cyprus: EIB renews cooperation with major Cypriot banks in support of SMEs and youth employment

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

Link to source
Related press
Cyprus: EIB renews cooperation with major Cypriot banks in support of SMEs and youth employment
Other links
Data sheet
HELLENIC BANK LOAN FOR SMES
Summary sheet
Hellenic Bank Loan for SMEs

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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