Release date: 28 November 2005
Promoter – Financial Intermediary
Clico Investment Bank LimitedDescription
Global loan facility to co-finance eligible investment projects in the wider Caribbean i.e. ACP countries in the Caribbean that are signatories to the Cotonou agreement.
Objectives
Provision of longer term financing for smaller and medium sized enterprises.
Comments
Financial sector.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 20 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The intermediary, Clico Investment Bank, will provide the EIB with a summary of environmental impacts and mitigation action for each project submitted for financing under the global loan in order to ensure that projects comply with environmental policies and standards.
Procurement
The Bank’s standard procurement guidelines applicable to global loans operations will apply.
Status
Signed - 3/11/2005
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).