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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Denmark : € 50,000,000
    Credit lines : € 50,000,000
    Signature date(s)
    1/10/2012 : € 50,000,000
    Link to source
    Other links
    Summary sheet

    Summary sheet

    Release date
    19 April 2012
    Status
    Reference
    Signed | 01/10/2012
    20120013
    Project name
    Promoter - financial intermediary
    RL LOAN FOR SMES III
    RINGKJOEBING LANDBOBANK A/S
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Loan for the financing of small and medium-sized enterprises in Denmark and other EU countries.

    The financing supports projects undertaken by SMEs mainly located in Western Jutland and operating in a variety of industry and service sectors, including renewable wind energy. The loan is therefore expected to contribute to an increase in productivity and competitiveness of the final beneficiaries, as well as more rational use of energy and diversification of energy resources.

    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.

    Link to source
    Summary sheet
    Other links

    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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