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SAB KMU DARLEHEN I

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Germany : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
28/07/2010 : € 200,000,000
Link to source
Data sheet
SAB KMU DARLEHEN I
Other links
Summary sheet
SAB KMU Darlehen I

Summary sheet

Release date
30 March 2009
Status
Reference
Signed | 28/07/2010
20090173
Project name
Promoter - financial intermediary
SAB KMU Darlehen I
Sächsische Aufbaubank (SAB)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million.
Not applicable.
Location
Sector(s)
Description
Objectives

European credit line for SMEs for SAB's promotional programs dedicated to SME financing in line with the Board Decision of 23.09.2008 (CA/419/08).

The proposed operation is dedicated entirely to the financing of SMEs. As such, it will support schemes, which although being eligible, cannot be addressed by the Bank directly, due to their small individual size. The proposed operation is eligible under Article 267 a) and c) of the EC treaty.

Environmental aspects
Procurement

The intermediary will undertake to ensure that the respective SMEs confirm that all relevant authorisations have been obtained to comply with relevant EU and national laws on environment.

The side letter provided to this effect will ensure that procurement for each financed scheme will be in compliance with national legislation.

Link to source
Summary sheet
SAB KMU Darlehen I
Other links
Data sheet
SAB KMU DARLEHEN I

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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