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COOPERATIVE CENTRAL BANK LOAN FOR SME & OTH PRIO

Signature(s)

Amount
€ 25,000,000
Countries
Sector(s)
Cyprus : € 25,000,000
Credit lines : € 25,000,000
Signature date(s)
3/04/2014 : € 25,000,000
Link to source
Data sheet
COOPERATIVE CENTRAL BANK LOAN FOR SME & OTH PRIO
Other links
Summary sheet
COOPERATIVE CENTRAL BANK LOAN FOR SME & OTHER PRIORITIES
Related press
Cyprus: EIB renews cooperation with Cooperative Central Bank (CCB) in support of SMEs and youth employment

Summary sheet

Release date
23 October 2013
Status
Reference
Signed | 03/04/2014
20130426
Project name
Promoter - financial intermediary
COOPERATIVE CENTRAL BANK LOAN FOR SME & OTHER PRIORITIES
CO-OPERATIVE CENTRAL BANK LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 25 million
not applicable
Location
Sector(s)
Description
Objectives

Financing of small and medium-sized ventures carried out mainly by SMEs intermediated through Cooperative Central Bank and its member network of cooperative credit societies in Cyprus.

Improving access to term finance at favourable conditions.

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
COOPERATIVE CENTRAL BANK LOAN FOR SME & OTHER PRIORITIES
Other links
Data sheet
COOPERATIVE CENTRAL BANK LOAN FOR SME & OTH PRIO
Related press
Cyprus: EIB renews cooperation with Cooperative Central Bank (CCB) in support of SMEs and youth employment

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

Link to source
Related press
Cyprus: EIB renews cooperation with Cooperative Central Bank (CCB) in support of SMEs and youth employment
Other links
Data sheet
COOPERATIVE CENTRAL BANK LOAN FOR SME & OTH PRIO
Summary sheet
COOPERATIVE CENTRAL BANK LOAN FOR SME & OTHER PRIORITIES

Photogallery

Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB
Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB
Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB
Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB
Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB
Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB
Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB
Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB
Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB
Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB
Financing of small and medium-sized projects in Cyprus carried out mainly by SMEs in the fields of industry, tourism and services, intermediated through the Cooperative Central Bank
Cooperative Central Bank Loan for SME & Oth Prio
Photographer: David Blumenfeld
©EIB

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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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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