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SFSB - MULTI-APARTMENT BUILDINGS - LITHUANIA

Summary sheet

Release date
27 January 2021
Status
Reference
Under appraisal | 13/11/2020
20200349
Project name
Promoter - financial intermediary
SFSB - MULTI-APARTMENT BUILDINGS - LITHUANIA
SIAULIU BANKAS AB
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
not applicable
Location
Sector(s)
Description
Objectives

Provision of debt financing in a layered structure, benefiting from an European Structural and Investment Funds (ESIF) contribution in the equity tranche, and aiming at stimulating energy efficiency renovation in the Lithuanian residential building stock.

Financing of small/medium projects carried out by homeowner associations in Lithuania.

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
SFSB - MULTI-APARTMENT BUILDINGS - LITHUANIA

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

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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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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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