Release date: 11 April 2008
Promoter – Financial Intermediary
Close Brothers Ltd, a subsidiary of Close Brothers Group Plc.
Location
Description
The proposed operation is specifically dedicated to the financing of small and medium sized enterprises.
Objectives
To provide an alternative source of funding for financial institutions to enhance their SME lending.
Sector(s)
Proposed EIB finance (Approximate amount)
GBP 60 million. (EUR 78m)
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.
Procurement
Final beneficiaries will be requested to comply with EU Directives, insofar as applicable.
Status
Signed - 26/06/2008
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).