Release date: 1 October 2003
Promoter – Financial Intermediary
Bank of Scotland (Ireland) on behalf of:
The Governor and Company of the Bank of Scotland.
72-74 Harcourt Street
Dublin 2, Ireland
Contact: John A. Staunton
Tel: +353 1 415 5453, Fax: +353 1 671 7931.
Location
Description
The proposed global loan will be used across sectors in line with the promoter’s diversified and substantial SME portfolio.
Objectives
The economic benefit of the proposed operation derives from its contribution towards the development of SME's in Ireland and possibly in Northern Ireland. The proposed global loan is intended to increase the productivity and competitive capacity of SME's located in Objective 1 area.
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 - 10/10/2006
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).