Release date: 27 November 2008
Promoter – Financial Intermediary
Dexia Banka Slovensko AS
Location
Description
Dedicated credit line for financing municipal projects in the Slovak Republic.
Objectives
The credit line would be fully in line with the Bank’s strategic objectives, in particular Economic and Social Cohesion/ Regional Development. Most of the funds will contribute to the country’s convergence with the EU, as they will be allocated to projects in assisted areas. The proposed operation is therefore eligible under Article 267 points (a) and (c) of the EC Treaty.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Within the framework of the credit line, the final beneficiaries will be requested to ensure compliance of the sub-projects with EU directives, as appropriate.
Procurement
Within the framework of the credit line, the final beneficiaries will be requested to ensure compliance of sub-projects with EU directives, in particular for the award of public sector contracts.
Status
Signed - 17/12/2009