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EIB-IADB SMES & MIDCAPS PROGRAMME (EUROPEAN UNION)

Summary sheet

Release date
29 January 2014
Status
Reference
Approved | 15/04/2014
20130563
Project name
Promoter - financial intermediary
EIB-IADB SMES & MIDCAPS PROGRAMME (EUROPEAN UNION)
ACCEPTABLE BANK(S)PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 185 million (EUR 134 million)
not applicable
Location
Sector(s)
Description
Objectives

Loan for financing small and medium-sized investment promoted by small and medium-sized enterprises (SMEs) and mid-caps in the EU

The proposal falls under the EIB-IADB joint programme initiative to support EU SMEs and mid-caps seeking to invest in Latin America and the Caribbean (IADB funding) and, conversely, to support SMEs and mid-caps from Latin America and the Caribbean seeking to expand to the EU (EIB funding), to increase trade, internationalisation of companies and productive integration and to create employment.

Environmental aspects
Procurement

The Bank will require that projects financed under this operation comply with applicable EU legislation, as appropriate.

The Bank will require that projects financed under this operation comply with applicable EU legislation, as appropriate.

Link to source
Summary sheet
EIB-IADB SMES & MIDCAPS PROGRAMME (EUROPEAN UNION)

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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