ULC Loan for SMEs and Priority Lending

Promoter – Financial Intermediary

Republic of Croatia

Location

• Croatia

Description

Credit line for lease-financing of 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

Make available access to long-term funds at affordable interest rates to sectors of economy with least availability of financing – small and medium size enterprises and local authorities.

 

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to EUR 100 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

The financial intermediaries will be requested to ensure compliance of the sub-projects with EU directives.

Procurement

The financial intermediaries will be requested to ensure compliance of the sub-projects with EU directives.

Status

Signed - 18/12/2008