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APEX LOAN FOR SMES AND MID-CAP II

Signature(s)

Amount
€ 249,388,652
Countries
Sector(s)
Serbia : € 249,388,652
Credit lines : € 249,388,652
Signature date(s)
16/05/2011 : € 50,000,000
23/01/2012 : € 99,528,652
16/05/2011 : € 99,860,000
Link to source
Data sheet
APEX LOAN FOR SMES AND MID-CAP II
Other links
Summary sheet
Apex Loan for SMEs II

Summary sheet

Release date
23 February 2011
Status
Reference
Signed | 16/05/2011
20100393
Project name
Promoter - financial intermediary
Apex Loan for SMEs II

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 II is intended for financing of SME projects, small and medium scale infrastructure projects promoted by local authorities and any size investments in the fields of knowledge technology, energy, infrastructure, environmental protection, industry, health and education, and services.

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 comply with domestic and applicable EU legislation.

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

Link to source
Summary sheet
Apex Loan for SMEs II
Other links
Data sheet
APEX LOAN FOR SMES AND MID-CAP II

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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