Release date: 29 January 2009
Promoter – Financial Intermediary
EFG Eurobank Ergasias S.A. andEFG Eurobank Ergasias Leasing S.A.
Location
Description
EIB Loan for SMEs.
Objectives
To enhance the prospects for economic growth and employment in Greece through the provision of long-term financing (including via lease financing) for small/medium scale projects undertaken by small and medium-sized enterprises.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
All investment financed under the proposed loan will be required to comply with the relevant legal framework in Greece and to be acceptable in environmental term to EIB, in line, as appropriate, with EU environmental policy and legislation.
Procurement
EIB’s standard procurement guidelines applicable to SME Loans will apply.
Status
Signed - 2/04/2009
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).