Signature(s)
Amount
€ 52,200,000
Countries
Sector(s)
Malta
: € 52,200,000
Credit lines
: € 52,200,000
Signature date(s)
14/12/2018 : € 12,600,000
16/12/2020 : € 12,600,000
14/07/2015 : € 27,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
30 October 2014
Status
Reference
Signed | 14/07/2015
20140575
Project name
Promoter - financial intermediary
EC-EIB SME INITIATIVE MALTA
REPUBLIC OF MALTA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 52 million
EUR 104 million
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
Guarantees for financing small and medium-sized investment promoted by SMEs.
The SME Initiative in Malta is expected to make a significant contribution to sustainable growth and employment through the facilitation of credit at attractive terms. It aims to enhance the Bank’s support to the economic development of SMEs in Malta. The initiative involves collaboration between the European Commission, the EIB Group and the Maltese national authority responsible for the coordination of structural funds.
Environmental aspects
Procurement
The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate.
The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate.
Link to source
Summary sheet
Other links
Data sheet
News & Stories
Link to source
Other links