Release date: 16 September 2004
Promoter – Financial Intermediary
The Development Bank of the Philippines.Location
Description
Financing of small and medium size investments in industry (including agro-industry), eligible health and urban development sectors, commercial infrastructure, tourism, and related services including leasing and microfinance.
Objectives
Assisting the development of small and medium scale investments by making available, at competitive market rates, long-term financial resources.Encouraging further investment and strengthening the financial sector.
Sector(s)
Proposed EIB finance (Approximate amount)
Approx. EUR 25 m.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The borrower will be requested to ensure that the final beneficiaries comply with the local legislation and with EIB rules and guidelines, as appropriate.
Procurement
EIB procurement guidelines for global loans will be applied.
Status
Signed - 17/12/2004
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).