Signature(s)
Amount
€ 10,000,000
Countries
Sector(s)
Greece
: € 10,000,000
Credit lines
: € 10,000,000
Signature date(s)
25/06/2020 : € 10,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
30 April 2020
Status
Reference
Signed | 25/06/2020
20200119
Project name
Promoter - financial intermediary
PANCRETAN LOAN FOR AGRICULTURE & BIOECONOMY
PANCRETAN COOPERATIVE BANK LTD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 10 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a loan to support smalll and medium sized enterprises (SMEs) and midcaps in Greece.
The aim is to improve access to finance for SMEs and MidCaps (including farmers) in the agriculture and bioeconomy sectors in Greece. It will also aim at stimulating lending to young farmers, to which 10 % of the financing will be dedicated.
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 projects
Link to source
Summary sheet
Other links
Data sheet