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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Lithuania : € 7,500,000
    Latvia : € 22,500,000
    Estonia : € 37,500,000
    Finland : € 82,500,000
    Credit lines : € 150,000,000
    Signature date(s)
    28/11/2014 : € 2,500,000
    13/06/2013 : € 5,000,000
    28/11/2014 : € 7,500,000
    28/11/2014 : € 12,500,000
    13/06/2013 : € 15,000,000
    13/06/2013 : € 25,000,000
    28/11/2014 : € 27,500,000
    13/06/2013 : € 55,000,000

    Summary sheet

    Release date
    13 May 2013
    Status
    Reference
    Signed | 13/06/2013
    20120502
    Project name
    Promoter - financial intermediary
    POHJOLA BANK LOAN FOR SMES AND MIDCAPS
    POHJOLA PANKKI OYJ
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    Not applicable
    Description
    Objectives

    Loan for financing of small and medium-sized enterprises (SMEs) and mid-caps in Finland, Estonia and Latvia

    Improving access to term finance at favourable conditions and financing of projects of limited size carried out by small and medium-sized companies (SME) and mid-cap counterparts, possible sectors include manufacturing, services, transport and retail.

    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).

    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.

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    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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