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    Signature(s)

    Amount
    € 1,050,000,000
    Countries
    Sector(s)
    Greece : € 1,050,000,000
    Credit lines : € 1,050,000,000
    Signature date(s)
    18/03/2020 : € 10,000,000
    2/07/2018 : € 40,000,000
    10/02/2017 : € 50,000,000
    29/05/2018 : € 50,000,000
    22/12/2016 : € 100,000,000
    24/05/2018 : € 100,000,000
    22/12/2016 : € 100,000,000
    22/12/2016 : € 100,000,000
    6/07/2018 : € 100,000,000
    22/12/2016 : € 100,000,000
    30/06/2017 : € 150,000,000
    1/08/2017 : € 150,000,000

    Summary sheet

    Release date
    28 September 2016
    Status
    Reference
    Signed | 22/12/2016
    20150035
    Project name
    Promoter - financial intermediary
    Greece Banks Loan for SMEs and Mid-caps I
    A number of commercial banks with strong SME lending activities in Greece; names to be confirmed after due diligence.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 1050 million
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Loan for banks operating in Greece (including branch networks of foreign banks) for the exclusive financing of projects promoted by small and medium-sized enterprises (SMEs), with a window of up to 30% of the total loan amount for the financing of projects promoted by mid-caps, and including the fields of agriculture and agro-food as well as industry, tourism and services in Greece.

    To improve access to term finance in support of small and medium-sized projects carried out by SMEs and mid-caps

    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.

    Comments

    This operation is subject to approval by EIB's Governing Bodies. The proposed EIB finance is: up to EUR 1000 million.

    Link to source

    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

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    Alternatively, the EIB can be contacted through its external offices.
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