Release date: 16 April 2003
Promoter – Financial Intermediary
Subsidiaries of or banks associated to Sanpaolo IMI Internazionale, Pedova, with banking activities in countries of Central and Eastern Europe, including but not limited to Inter Europa Bank, Hungary, West Bank, Romania and Banka Koper, Slovenia.Location
Description
The proposed operation is conceived as an “umbrella” facility making EIB funds flexibly available for the banking subsidiaries or associates of SPIMINT in the countries concerned.
Objectives
Financing of investments of small/medium scale with a special focus on the support of small and medium sized enterprises, but also including local authorities.
Comments
Energy, environmental protection, general infrastructure projects, health and education and social housing, if integrated in well-defined urban rehabilitation schemes.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 150 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law.
Procurement
EIB procurement guidelines for global loans will be applied.
Status
Signed - 30/10/2003
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).