Release date: 5 August 2010
Promoter – Financial Intermediary
ING Luxembourg SA
ING Belgium SA/NV
ING Bank NV
ING Lease
Location
Description
Financing of Independent SMEs in the Netherlands, Belgium and Luxembourg.
Objectives
The operation supports investment by SMEs, one of the priority objectives of the Bank, by improving access to term finance at favourable conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.
Procurement
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.
Status
Signed - 28/10/2010
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).