Reference:
20110303
Release date: 17 November 2011
Release date: 17 November 2011
Promoter – Financial Intermediary
TBC BANK JSCLocation
Description
A dedicated loan for SMES (at least 70%), including a tranche of up to 30% for small and medium scale energy/environment projects promoted by mid-caps and public entities, through TBC Bank in Georgia.
Objectives
Provide access to long-term funds at affordable interest rates.
Comments
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 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 - 6/07/2012