Release date: 8 February 2007
Promoter – Financial Intermediary
Commerzbank AGLocation
Description
Credit line focusing on the small and medium sized investments in the Research, Development and Innovation segment primarily in the German public sector. The proposed project will contribute to the EU's Lisbon Agenda.
Objectives
The proposed global loan intends to lower the funding cost for small-scale investment projects through the co-operation with Commerzbank AG. Commerzbank has identified a multitude of eligible investment projects of common interest, supporting the final beneficiaries in the RDI sector. The operation would therefore promote EU objectives for such projects, which cannot be reached by EIB otherwise.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law.
Procurement
All eligible projects financed under the proposed global loan will have to comply with the relevant EU and national regulations.
Status
Signed - 18/04/2007
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).