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    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

    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.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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