Signature(s)
Amount
€ 124,687,500
Countries
Sector(s)
Germany
: € 124,687,500
Credit lines
: € 124,687,500
Signature date(s)
25/09/2020 : € 124,687,500
Link to source
Data sheet
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Summary sheet
Release date
15 July 2020
Status
Reference
Signed | 25/09/2020
20200447
Project name
Promoter - financial intermediary
COMMERZBANK COVID-19 ABS FOR SMES & MIDCAPS
COMMERZBANK AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 125 million
EUR 698 million
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
Guarantee on an existing portfolio of assets, aimed at supporting new financing for small and medium-sized enterprises (SMEs) and mid-caps in Germany. The operation is a response to the COVID-19 pandemic under the programme "EUR PL ABS COVID19 Response for SME&MIDCAPS 2020-0267."
Guarantee on an existing portfolio of assets, aimed at supporting new financing for SMEs and mid-caps in Germany. The operation is a response to the COVID-19 pandemic under the programme "EUR PL ABS COVID19 Response for SME&MIDCAPS 2020-0267."
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 documents
Related projects
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Summary sheet
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scoreboard - EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS
Publication Date
1 Sep 2020
Document Language
English
Main Topic
lending
Document Number
133221926
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20210349
Last update
2 Sep 2020
Sector(s)
Credit lines
Countries
Italy
Publicly available
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