Release date: 27 May 2008
Promoter – Financial Intermediary
AB DnB Nord Bankas
Location
Description
Financing of small and medium-scale projects according to the Bank’s eligibility criteria in the fields of environment, infrastructure, development of a knowledge-based economy, rational use of energy, health, education, as well as industry, services and tourism in Lithuania.
Objectives
The credit line would contribute to the development of term finance in Lithuania. Through the financial intermediary, the credit line would provide long-term funding for eligible projects promoted by SMEs and by private and public promoters in eligible sectors.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 15 million.
Total cost (Approximate amount)
Not applicable
Environmental aspects
Compliance with EU Directives and national environmental legislation will be made a condition for each sub-project under the credit line.
Procurement
Compliance with EU Directives and national procurement legislation, where applicable, will be made a condition for each sub-project under the credit line.
Status
Signed - 13/03/2009
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).