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GDB GREEN AND INCLUSIVE RECOVERY

Summary sheet

Release date
3 December 2019
Reference
20180410
Project name
Promoter - financial intermediary
GDB GREEN AND INCLUSIVE RECOVERY
GRENADA DEVELOPMENT BANK
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 9 million
not applicable
Location
Sector(s)
Description
Objectives

The project consists of a loan to Grenada Development Bank to be covered by Grenada sovereign.

This operation will enhance competitiveness and access to finance at favourable conditions for SMEs in Grenada.

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 Global Europe NDICI guarantee

Under EFSD+ Guarantee

Related projects
Parent project
CARIBBEAN GREEN AND INCLUSIVE RECOVERY
Link to source
Summary sheet
GDB GREEN AND INCLUSIVE RECOVERY

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).

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