Release date: 25 October 2010
Promoter – Financial Intermediary
Bankoa S.A.
Location
Description
Dedicated loan for the financing of projects of limited scale carried out primarily by SMEs (at least 70%), as well as by local authorities and mid-cap enterprises.
Objectives
By improving access to term finance at favourable conditions, the loan supports projects undertaken by SMEs operating in different sectors of industry and services but also in those falling under the scope of the Bank’s knowledge economy initiative. It will also support projects carried out by mid-cap enterprises and by local authorities in convergence regions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 75 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, where applicable.
Status
Signed - 10/02/2011
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).