Release date: 8 February 2010
Promoter – Financial Intermediary
Bank Austria Creditanstalt AG
Location
Description
Funded risk sharing facility for SMEs and Mid-Cap Enterprises implementing eligible projects in Austria.
Objectives
The proposed operation aims at financing projects, which are undertaken by private sector promoters, with priority for SMEs and Midcap enterprises with less than 3,000 employees.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 75 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Intermediary will be required to ensure compliance by the Final Beneficiaries of projects financed under the proposed risk-sharing facility with applicable national and EU environmental legislation.
Procurement
The Intermediary will be required to ensure compliance by the Final Beneficiaries of projects financed under the proposed risk-sharing facility with applicable national and EU with applicable national and EU procurement legislation.
Status
Signed - 16/12/2009
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).