Signature(s)
Amount
€ 200,000,000
Countries
Sector(s)
Credit lines
: € 200,000,000
Signature date(s)
25/06/2013 : € 100,000,000
24/09/2013 : € 100,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
20 April 2012
Status
Reference
Signed | 25/06/2013
20120024
Project name
Promoter - financial intermediary
SG BG-RO LOAN FOR SMES AND MID-CAPS
BRD - GROUPE SOCIETE GENERALE SASOCIETE GENERALE EXPRESSBANK
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
Not applicable.
Location
Sector(s)
Description
Objectives
Loans for SMEs (Mid-Caps) and other priorities to Société Générale's banking subsidiaries in Bulgaria (SG Expressbank AD, for up to EUR 100 m) and Romania (BRD - Groupe Société Générale SA, also for up to EUR 100 m). The loan to SG Expressbank AD would, amongst others, be used to co-finance investments supported by JESSICA.
Financing of small/medium-sized projects carried out by Small and Medium-sized Enterprises, Mid-Caps and other beneficiaries.
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
News & Stories
Link to source
Other links