Release date: 5 March 2003
Promoter – Financial Intermediary
Oberbank AGLocation
Description
The proposed global loan is directed to the financing of projects of limited scale carried out by SMEs.
Objectives
The proposed global loan gives the Bank the opportunity to further extend its loan products to SMEs hereby lowering the funding cost for SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
About EUR 40 million.
Total cost (Approximate amount)
About EUR 80 million.
Environmental aspects
All eligible projects will have to respect the environmental conditions outlined in European and national legislation.
Procurement
All eligible projects will have to respect the rules and conditions on procurement set out in European and national legislation.
Status
Signed - 9/10/2003
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).