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        SAB INFRASTRUKTURDARLEHEN MBIL

        Signature(s)

        Amount
        € 50,000,000
        Countries
        Sector(s)
        Germany : € 50,000,000
        Credit lines : € 50,000,000
        Signature date(s)
        27/10/2017 : € 50,000,000
        Link to source
        Data sheet
        SAB INFRASTRUKTURDARLEHEN MBIL
        Other links
        Summary sheet
        SAB INFRASTRUKTURDARLEHEN MBIL

        Summary sheet

        Release date
        20 August 2015
        Status
        Reference
        Signed | 27/10/2017
        20150403
        Project name
        Promoter - financial intermediary
        SAB INFRASTRUKTURDARLEHEN MBIL
        SAECHSISCHE AUFBAUBANK - FOERDERBANK
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 50 million
        not applicable
        Location
        Sector(s)
        Description
        Objectives

        This is a multiple beneficiary Intermediated Loan to Saechsische Aufbaubank (SAB), the public regional promotional bank of the German Federal State of Saxony. The loan will be used to support SAB's promotional lending for smaller scale projects carried out by municipalities and other public sector entities or public utilities.

        The project will help to finance smaller projects carried out by municipalities and other public sector entities or public utilities in order to support sustainable growth in the Free State of Saxony which is largely an EIB Cohesion Priority Region.

        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

        Link to source
        Summary sheet
        SAB INFRASTRUKTURDARLEHEN MBIL
        Other links
        Data sheet
        SAB INFRASTRUKTURDARLEHEN MBIL

        Disclaimer

        Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative 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.

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        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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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