Release date: 5 January 2006
Promoter – Financial Intermediary
OKO Osuuspankkien Keskuspankki Oyj (“OKO BANK”), Helsinki.Location
Description
Global loan for the financing of small and medium-sized projects being undertaken by Finnish municipalities or municipality-owned companies in all eligible sectors for EIB funding under its global loan facilities.
Objectives
The global loan facility will contribute to supporting regional development in Finland and also to environmental protection, human capital creation and/or SME development.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with EU environmental directives and national legislation.
Procurement
Final beneficiaries will be requested to comply with EU procurement directives.
Status
Signed - 6/07/2006
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).