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    Reference: 20090691
    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

    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).

    Related tags

    Czech Republic Hungary Slovakia Credit lines