Release date: 19 May 2008
Promoter – Financial Intermediary
Hypo Alpe-Adria-Bank AD PodgoricaLocation
Description
Credit line operation for financing small and medium-scale projects promoted by SMEs or by other final beneficiaries in the field of environmental protection, energy savings, infrastructure, industry, services and tourism.
Objectives
Provide access to long-term funds at affordable interest rates to sectors of the economy with limited access to financing – small and medium size enterprises and local authorities..
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 30 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The financial intermediaries will be requested to ensure compliance of sub-projects with EU directives.
Procurement
The final intermediaries will be requested to ensure compliance of sub-projects with relevant national and EU procurement laws, as appropriate.
Status
Signed - 1/10/2008
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).