Signature(s)
Amount
€ 50,000,000
Countries
Sector(s)
Azerbaijan
: € 50,000,000
Credit lines
: € 50,000,000
Signature date(s)
16/09/2015 : € 50,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
25 November 2014
Status
Reference
Signed | 16/09/2015
20140553
Project name
Promoter - financial intermediary
IBA LOAN FOR SMES AND MID-CAPS
THE INTERNATIONAL BANK OF AZERBAIJAN OJSC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
A dedicated EIB loan to finance projects promoted mainly by small and medium-sized enterprises (SMEs) and Mid-Cap corporates in the Republic of Azerbaijan.
Improving access to term finance at favourable conditions through financing of small/medium projects carried out mainly by small and medium-sized enterprises (SMEs) and Mid-Cap corporates.
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.
Under ELM Guarantee
Comments
This operation is covered by the ELM Guarantee.
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Link to source
Summary sheet
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Data sheet
News & Stories
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