Release date: 24 October 2007
Promoter – Financial Intermediary
Deutsche Kreditbank AG (DKB) is a 100%-subsidiary of Bayerische Landesbank Girozentrale (BLB). DKB is not rated, but its parent BLB is rated Aa2 by Moody’s, A+ by Fitch and A by S&P. DKB was established in 1990, taking over the business activities of the former “Staatsbank der DDR” after the German reunification.
Location
Description
Credit line dedicated for the financing projects of limited scale in the environmental sector (at least 70 %), not excluding projects complying with other eligibility criteria, such as human capital, energy and EIB convergence regions.
Objectives
Financing of investments of limited scale carried out by public sector authorities and private sector investors.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The financial intermediary will undertake to promote compliance with relevant national and EU law.
Procurement
The financial intermediary will undertake to promote compliance with relevan national and EU law.
Status
Signed - 14/12/2007
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).