Release date: 17 July 2006
Promoter – Financial Intermediary
Volksbank-Leasing Polska SALocation
Description
The Project focuses on financing of small-scale projects in the fields of industry, services and tourism promoted by SMEs.
Objectives
The Bank’s global loan would allow Volksbank-Leasing to increase and diversify its long-term funding sources and to step up its longer-term financing of eligible projects.
Sector(s)
Proposed EIB finance (Approximate amount)
Approx. EUR 50 million
Total cost (Approximate amount)
Not Applicable.
Environmental aspects
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.
Procurement
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.
Status
Signed - 15/12/2006
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).