Signature(s)
Amount
€ 45,000,000
Countries
Sector(s)
Credit lines
: € 45,000,000
Signature date(s)
2/12/2014 : € 20,000,000
4/12/2014 : € 25,000,000
Link to source
Other links
Summary sheet
Release date
31 July 2014
Status
Reference
Signed | 02/12/2014
20140130
Project name
Promoter - financial intermediary
BANCABC REGIONAL FACILITY FOR SMEs AND MIDCAPS
Eligible financial intermediaries of ABC Holdings, trading as BancABC.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 45 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
Credit facility for the financing of private companies and commercially run public entities, with an emphasis on SMEs, in southern Africa through the financial intermediaries of ABC Holdings.
The line of credit is intended to support the availability of term finance small, medium and midcap sized enterprises and commercially run public entities that contribute to private sector development and other priorities under the Mandate such as social and economic infrastructure.
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
Other links