Release date: 3 February 2009
Promoter – Financial Intermediary
The Republic of Serbia.Location
Description
The Apex Loan for SMEs is intended for financing of SME projects, small and medium scale infrastructure projects promoted by local authorities and any size industrial investments in the fields of the knowledge-economy, energy and environmental protection.
Objectives
The objective of the loan is to provide support for the development of the country’s financial system in favour of SMEs, improve competitiveness of the country’s industry, contribute to environmental protection and to the rational use of energy; improve infrastructure of local and regional interest.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Bank will require that projects financed under the loan will be compliant with domestic and EU applicable legislation.
Procurement
The Bank will require that projects financed under the loan will be compliant with domestic and EU applicable legislation.
Status
Signed - 11/05/2009
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).