Release date: 5 August 2004
Promoter – Financial Intermediary
Barclays Bank PLCLocation
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).