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Reference: 20110536
Release date: 4 March 2013

Promoter – Financial Intermediary

SOCIETE GENERALE BANKA MONTENEGRO AD

Location

Description

Loan for financing small and medium-sized projects carried out by SME's as well as Final Beneficiaries of any size and ownership, including Local Authorities.

Objectives

Improving access to term finance at favourable conditions.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 20 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 - 10/04/2014

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

Montenegro Credit lines