Release date: 16 April 2010
Promoter – Financial Intermediary
Société Générale Expressbank AD
Head of ALM
Philippe LAVALLEE
Tel +359 52 686 270
Philippe.Lavallee@socgen.com
Location
Description
EIB credit line for the financing of investments by small and medium-sized enterprises in the fields of industry, services and agriculture in Bulgaria, including a tranche for the financing of mid-caps and public authorities.
Objectives
Contribution to regional development, increasing competitiveness and productivity of Bulgarian SMEs, as well as promotion of longer-term SME finance in Bulgaria.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 75 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 29/06/2010
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).