Release date: 29 April 2009
Promoter – Financial Intermediary
Commerzbank AG
Location
Description
Financing of projects undertaken by small- and medium-sized enterprises (SME) within the EU-27.
Objectives
The proposed credit line intends to lower the funding cost for small-scale projects through the cooperation with Commerzbank. The operation will support projects, which cannot otherwise be reached directly by the EIB.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 200 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 10/09/2009
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).