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Signature(s)

Amount
€ 60,000,000
Countries
Sector(s)
Bulgaria : € 10,000,000
Romania : € 50,000,000
Credit lines : € 60,000,000
Signature date(s)
28/12/2009 : € 10,000,000
29/12/2009 : € 50,000,000
Link to source

Summary sheet

Release date
10 November 2009
Status
Reference
Signed | 28/12/2009
20090429
Project name
Promoter - financial intermediary
Alpha Bank RO-BG SME Loans & Priority Lending

Alpha Bank Bulgaria (for the part of the loan earmarked for Bulgaria).
Alpha Bank Romania SA (for the part of the loan earmarked for Romania).

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 10 million for Alpha Bank Bulgaria; Up to EUR 50 million for Alpha Bank Romania SA.
Not applicable
Location
Sector(s)
Description
Objectives

EIB Loan for SMEs financing small and medium-scale projects consisting of fixed and movable productive assets in the fields of energy, environment, infrastructure, development of a knowledge-based economy, industry, tourism, as well as services in Bulgaria and Romania, promoted by Small and Medium-Sized enterprises and other business entities.

The loan would contribute to the development of term finance available to SMEs and other selected business entities in Bulgaria and Romania by providing long term lending resources for eligible projects.

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

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 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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