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    Reference: 20110545
    Release date: 7 December 2011

    Promoter – Financial Intermediary

    RAIFFEISEN BANK INTERNATIONAL AG

    Location

    Description

    A loan to finance small and medium size projects carried out by SMEs and Mid-Cap companies as well as other eligible projects of up to EUR 25m undertaken by public or private promoters mainly in Austria.

    Objectives

    Improving access to term finance at favourable conditions. Minimum 50% of the loan will be dedicated to financing Mid-Caps and SMEs, while the remaining allocations are expected to support projects of limited scale to be carried out in energy, knowledge economy and other eligible sectors.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    Up to EUR 50 million

    Total cost (Approximate amount)

    Not applicable

    Environmental aspects

    The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.

    Procurement

    The Intermediary will be required to ensure compliance of projects financed under the loan with applicable national and EU legislation.

    Status

    Signed - 7/03/2013

    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

    Austria Credit lines