Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 40,000,000
    Countries
    Sector(s)
    Uganda : € 40,000,000
    Credit lines : € 40,000,000
    Signature date(s)
    20/12/2010 : € 40,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    4 August 2010
    Status
    Reference
    Signed | 20/12/2010
    20100120
    Project name
    Promoter - financial intermediary
    PEFF II

    Bank of Africa
    Centenary Rural Development Bank Ltd
    Crane Bank Limited
    DFCU BANK
    Housing Finance

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 40 million
    EUR 80 million
    Location
    Sector(s)
    Description
    Objectives

    Private Enterprise Finance Facility II - a line of credit to provide long-term funds in EUR, USD and Ugandan Shillings to selected intermediary banks in Uganda for financing investment projects aimed at developing private enterprises.

    Improve access and terms of financing to facilitate private sector investment in projects that stimulate economic growth.

    Environmental aspects
    Procurement

    Intermediaries will ensure that environmental impacts of projects to be financed by PEFF II will be identified and mitigated by the promoters in accordance with international and/or local standards, as applicable.

    Intermediaries will ensure goods and works financed will be procured on a competitive basis, taking into account the nature and size of projects concerned.

    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
    Data sheet
    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.

    Related publications