Release date: 16 June 2009
Promoter – Financial Intermediary
Piraeus Banka a.d. Beograd
Location
Description
Loan for financing small and medium-sized projects promoted by SMEs (within the Bank’s usual eligibility criteria) as well as infrastructure projects promoted by local authorities and projects for investments in the fields of knowledge economy, energy, environmental protection, health and education promoted by final beneficiaries of any size.
Objectives
To make available access to long-term funds at affordable interest rates to sectors of economy with least availability of financing – small and medium size enterprise and local authorities.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 20 million.
Total cost (Approximate amount)
EUR 40 million.
Environmental aspects
The financial intermediaries will be requested to ensure compliance of sub-projects with EU directives.
Procurement
The final intermediaries will be requested to ensure compliance of sub-projects with relevant national and EU environmental laws, as appropriate.
Status
Signed - 22/12/2009
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).