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Reference: 20100402
Release date: 3 September 2010

Promoter – Financial Intermediary

AS Latvijas Hipoteku un Zemes Banka (Mortgage and Land Bank of Latvia)

Location

Description

A loan to finance final beneficiaries within the mid-cap range in Latvia (companies with up to 3 000 employees, investments up to EUR 50 million.).

Objectives

Financing of investments of mid-cap companies in the areas of industry, transport, environmental protection, energy, infrastructure, services and knowledge-based economy.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to EUR 100 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 - 27/06/2012

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

Latvia Credit lines