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PROMINVESTBANK LOAN SMES & MID-CAPS

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Ukraine : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
21/12/2012 : € 200,000,000
Link to source
Data sheet
PROMINVESTBANK LOAN SMES & MID-CAPS
Other links
Summary sheet
PROMINVESTBANK LOAN FOR SMES

Summary sheet

Release date
22 November 2012
Status
Reference
Signed | 21/12/2012
20120375
Project name
Promoter - financial intermediary
PROMINVESTBANK LOAN FOR SMES
PROMINVESTBANK
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
not applicable
Location
Sector(s)
Description
Objectives

A dedicated EIB loan to finance projects promoted by SMEs. Projects in fields considered as priority under the Mandate (i.e. local private sector development, development of social and economic infrastructure, and climate change mitigation and adaptation) carried out by eligible promoters of any size can also be funded, provided that financing thereof does not exceed 30% of the overall EIB loan amount.

Support of local economy through the provision of long-term funding to small and medium sized counterparts.

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
PROMINVESTBANK LOAN FOR SMES
Other links
Data sheet
PROMINVESTBANK LOAN SMES & MID-CAPS

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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