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        ST LUCIA DEVELOPMENT BANK MSMES COVID-19

        Signature(s)

        Amount
        € 5,000,000
        Countries
        Sector(s)
        Saint Lucia : € 5,000,000
        Credit lines : € 5,000,000
        Signature date(s)
        20/11/2020 : € 5,000,000
        Link to source
        Data sheet
        ST LUCIA DEVELOPMENT BANK MSMES COVID-19
        Other links
        Summary sheet
        ST LUCIA DEVELOPMENT BANK MSMES COVID-19
        Parent project
        ACP GLOBAL AUTHORISATION IX

        Summary sheet

        Release date
        29 April 2020
        Status
        Reference
        Signed | 20/11/2020
        20190914
        Project name
        Promoter - financial intermediary
        ST LUCIA DEVELOPMENT BANK MSMES COVID-19
        SAINT LUCIA DEVELOPMENT BANK
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 5 million
        not applicable
        Location
        Sector(s)
        Description
        Objectives

        A loan to Saint Lucia Development Bank for boosting access to finance for micro, small and medium enterprises, in particular those impacted by the Covid-19 breakout. The loan will be covered by the Saint Lucia sovereign guarantee.

        Financing of micro, small and medium enterprises in Saint Lucia.

        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.

        Link to source
        Summary sheet
        ST LUCIA DEVELOPMENT BANK MSMES COVID-19
        Other links
        Data sheet
        ST LUCIA DEVELOPMENT BANK MSMES COVID-19
        Parent project
        ACP GLOBAL AUTHORISATION IX

        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).

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