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

    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Bulgaria : € 100,000,000
    Romania : € 100,000,000
    Credit lines : € 200,000,000
    Signature date(s)
    25/06/2013 : € 100,000,000
    24/09/2013 : € 100,000,000
    Link to source

    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

    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

    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