Signature(s)
Amount
€ 50,000,000
Countries
Sector(s)
Georgia
: € 50,000,000
Credit lines
: € 50,000,000
Signature date(s)
21/12/2012 : € 25,000,000
6/07/2012 : € 25,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
17 November 2011
Status
Reference
Signed | 06/07/2012
20110303
Project name
Promoter - financial intermediary
TBC BANK SME & ENERGY ENV LOAN
TBC BANK JSC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
Not applicable.
Location
Sector(s)
Description
Objectives
A dedicated loan for SMES (at least 70%), including a tranche of up to 30% for small and medium scale energy/environment projects promoted by mid-caps and public entities, through TBC Bank in Georgia.
Provide access to long-term funds at affordable interest rates.
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.
Comments
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
Link to source
Summary sheet
Other links
Data sheet