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Reference: 20040273
Release date: 5 August 2004

Promoter – Financial Intermediary

Barclays Bank PLC

Location

Description

The proposed operation is specifically tailored to the financing of small and medium sized enterprises (“SMEs”).

Objectives

To support SMEs investments by generating financial benefit for participating SMEs.

Sector(s)

Proposed EIB finance (Approximate amount)

GBP 200m (EUR 300m)

Total cost (Approximate amount)

Minimum GBP 400m (EUR 600m), as EIB finances an amount equivalent to no more than 50% of SMEs’ investments.

Environmental aspects

Final beneficiaries will be requested to comply with national and EU Directives.

Procurement

Final beneficiaries will be requested to comply with EU Directives.

Status

Signed - 23/11/2004

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).

Related tags

United Kingdom Credit lines