Release date: 3 August 2004
Promoter – Financial Intermediary
- BGFIBANK Gabon
- Banque gabonaise de développement
Location
Description
Credit line for financing in Gabon: i) medium and long-term capital projects promoted by private and public commercial operators; ii) microfinance institutions.
Objectives
Bolstering access to medium and long-term bank financing for public and private enterprises mounting investment projects in Gabon.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 6.5 million for BGFIBANK Gabon and EUR 3,5 million for Banque gabonaise de développement.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The environmental impact of each of the investment projects supported by the global loan will be assessed by the financial intermediaries on the basis of instructions from the Bank, which will verify the projects’ compliance with the environmental standards that it usually applies.
Procurement
The EIB’s procurement rules relating to global loans will apply.
Status
Signed - 18/10/2004
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).