Signature(s)
Summary sheet
- Credit lines - Credit lines
The facility aims to finance eligible investments undertaken by small and medium sized enterprises (SMEs) and Midcaps in Israel.
The primary objective of the operation is to enhance access to medium- to long-term funding for Israeli SMEs and Mid-Caps, thereby contributing to economic resilience and employment generating activities in the country.
The EIB will require the intermediary institution to take all the requisite measures to ensure that the procedures including procurement procedures carried out by the final beneficiaries for the sub-projects receiving Bank financing will comply with national legislation and the ElB's Environmental and Social Standards as well as international treaties and conventions signed and ratified by or otherwise applicable and binding in the country.
The EIB will require the intermediary institution to take all requisite measures to ensure that any procurement procedures carried out by final beneficiaries for the sub-projects that the Bank finances are in accordance with the Bank's Guide to Procurement.