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    Signature(s)

    Amount
    € 350,000,000
    Countries
    Sector(s)
    France : € 350,000,000
    Credit lines : € 350,000,000
    Signature date(s)
    17/06/2020 : € 350,000,000

    Summary sheet

    Release date
    20 April 2020
    Status
    Reference
    Signed | 17/06/2020
    20200271
    Project name
    Promoter - financial intermediary
    BFCM COVID19 CRISIS RESPONSE FOR SME&MIDCAP MBIL
    BANQUE FEDERATIVE DU CREDIT MUTUEL
    Proposed EIB finance (Approximate amount)
    EUR 350 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a Multi-Beneficiary Intermediated Loan (MBIL) to support a new portfolio of loans to small and medium sized enterprises (SMEs) and midcaps affected by the Covid19 crisis in France.

    The operation will enable to enhance access to finance for the target beneficiaries.

    Environmental aspects
    Procurement

    Final beneficiaries need to comply with EU and national legislation.

    Final beneficiaries need to comply with EU and national legislation.

    Related projects

    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).

    News & Stories

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