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        ZABA COVID19 LOAN FOR SMES & MIDCAPS

        Signature(s)

        Amount
        € 50,000,000
        Countries
        Sector(s)
        Croatia : € 50,000,000
        Credit lines : € 50,000,000
        Signature date(s)
        21/12/2020 : € 50,000,000
        Link to source
        Data sheet
        ZABA COVID19 LOAN FOR SMES & MIDCAPS
        Other links
        Summary sheet
        ZABA COVID19 LOAN FOR SMES & MIDCAPS
        Parent project
        EU PL RESPONSE TO COVID19 CRISIS FOR SME&MIDCAPS

        Summary sheet

        Release date
        6 January 2021
        Status
        Reference
        Signed | 21/12/2020
        20200475
        Project name
        Promoter - financial intermediary
        ZABA COVID19 LOAN FOR SMES & MIDCAPS
        ZAGREBACKA BANKA DD
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 50 million
        not applicable
        Location
        Sector(s)
        Description
        Objectives

        Funding line to ZAGREBACKA BANKA DD under the EU Programme Loan Response to COVID 19 Crisis for the support of small and medium-sized enterprises (SMEs) and mid-caps mainly in Croatia.

        Operation dedicated to supporting working capital and liquidity needs of SMEs and mid-caps affected by the COVID-19 pandemic. The proposed loan is part of the EIB contribution, in cooperation with Member States and the EC, in mitigating the negative economic impact for SMEs and mid-caps associated with the spread of COVID-19.

        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
        ZABA COVID19 LOAN FOR SMES & MIDCAPS
        Other links
        Data sheet
        ZABA COVID19 LOAN FOR SMES & MIDCAPS
        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 data provided on this page is therefore indicative 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.

        Media enquiries

        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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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