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).