Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Brazil : € 200,000,000
    Credit lines : € 200,000,000
    Signature date(s)
    29/12/2020 : € 200,000,000

    Summary sheet

    Release date
    11 August 2020
    Status
    Reference
    Signed | 29/12/2020
    20200598
    Project name
    Promoter - financial intermediary
    BRAZIL GENDER COVID-19 RESPONSE
    BANCO DO NORDESTE DO BRASIL SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    Loan to the regional development institution "Banco do Nordeste do Brasil" for financing micro-enterprises, mainly targeted at women's empowerment, in response to the COVID-19 crisis affecting private businesses and directly impacting poverty alleviation.

    The project will help the financing of projects carried out by micro-enterprises.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national legislation and the EIB's Environmental and Social Standards, as appropriate.

    Final beneficiaries will be requested to comply with applicable national legislation and the EIB's Guide to Procurement, as appropriate.

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    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).

    Videos

    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.

    Related publications