Reference:
20090691
Release date: 25 January 2010
Release date: 25 January 2010
Promoter – Financial Intermediary
Commerzbank AG
Location
Description
Loan for the financing of small and medium-sized project promoted by SMEs and Mid-Caps in Czech Republic, Hungary and Slovakia.
Objectives
An estimated 50% will qualify under “Loan for SMEs” and 50% should benefit Mid-Caps. A majority of investments should be located in Convergence Regions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Intermediary will be required to ensure that final beneficiaries undertake to comply with applicable national and EU legislation.
Procurement
The Intermediary will be required to ensure that final beneficiaries undertake to comply with applicable national and EU legislation.
Status
Signed - 2/06/2010