Signature(s)
Amount
€ 30,000,000
Countries
Sector(s)
Credit lines
: € 30,000,000
Signature date(s)
17/01/2020 : € 15,000,000
13/02/2020 : € 15,000,000
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Summary sheet
Release date
19 June 2019
Status
Reference
Signed | 17/01/2020
20190299
Project name
Promoter - financial intermediary
PROCREDIT EU SMES MID-CAPS & CLIMATE ACTION MBIL
PROCREDIT BANK (BULGARIA) AD,PROCREDIT BANK SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a dedicated EIB loan to finance eligible investments promoted by small and medium-sized enterprises (SMEs) and mid-caps in Romania and Bulgaria, with a Climate Action window of at least 30%.
This operation will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps in Romania and Bulgaria, with a special focus on energy efficiency.
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.
Related documents
Link to source
Summary sheet
Documents
Environmental and Social Data Sheet (ESDS) - PROCREDIT EU SMES MID-CAPS & CLIMATE ACTION MBIL
Publication Date
21 Dec 2019
Document language
Main Topic
Lending
Document Number
123808213
Document Focus
Environmental Information
Document Type
Project Number
20190299
Sector(s)
Regions
Publicly available
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News & Stories
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