Release date: 2 September 2003
Promoter – Financial Intermediary
Allied Irish Banks plc
Attn: Gabrielle Croke, Credit & Bank Relations, AIB Capital Markets, Carrisbrook House, Ballsbridge, Dublin 4, Tel: +353 1 874 0222.
Location
Description
Global loan dedicated to finance projects promoted by small and medium sized companies (“SMEs”).
Objectives
To provide an alternative source of funding for financial institutions to enhance their SME lending.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million.
Total cost (Approximate amount)
In line with normal global loan criteria, the EIB would finance up to 50% of eligible project costs.
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 - 24/10/2003
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).