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        ARKEA COVID19 CRISIS RESPONSE FOR SME&MIDCAP

        Signature(s)

        Amount
        € 200,000,000
        Countries
        Sector(s)
        France : € 200,000,000
        Credit lines : € 200,000,000
        Signature date(s)
        24/06/2020 : € 200,000,000

        Summary sheet

        Release date
        18 May 2020
        Status
        Reference
        Signed | 24/06/2020
        20200272
        Project name
        Promoter - financial intermediary
        ARKEA COVID19 CRISIS RESPONSE FOR SME&MIDCAP
        CREDIT MUTUEL ARKEA,ARKEA BANQUE ENTREPRISES ET INSTITUTIONNELS
        Proposed EIB finance (Approximate amount)
        EUR 200 million
        Location
        Sector(s)
        Description
        Objectives

        The project will support SMEs and Midcaps affected by Covid19 crisis in France.

        The aim is to enhance access to finance to the target beneficiaries to implement their small and medium sized projects.

        Environmental aspects
        Procurement

        Final beneficiaries should comply with relevant national and EU legislation.

        Final beneficiaries should comply with relevant national and EU legislation.

        Related projects
        Parent project
        EU PL RESPONSE TO COVID19 CRISIS FOR SME&MIDCAPS

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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