Signature(s)
Amount
€ 149,999,539.44
Countries
Sector(s)
Montenegro
: € 149,999,539.44
Credit lines
: € 149,999,539.44
Signature date(s)
30/07/2019 : € 49,999,539.44
4/07/2018 : € 100,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
18 April 2018
Status
Reference
Signed | 04/07/2018
20180101
Project name
Promoter - financial intermediary
IDF LOAN FOR SMES & PRIORITY PROJECTS IV
INVESTMENT AND DEVELOPMENT FUND OF MONTENEGRO JSC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 150 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a loan to finance small and medium-sized investments carried out by small and medium-sized enterprises (SMEs) and mid-caps as well as eligible projects promoted by local authorities or final beneficiaries of any size and ownership.
This loan will improve competitiveness and access to finance at favourable conditions for 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.
Under ELM Guarantee
This operation is covered by the ELM Guarantee.
Link to source
Summary sheet
Other links
Data sheet