SG BG-RO LOAN FOR SMES AND MID-CAPS

Promoter – Financial Intermediary

BRD - GROUPE SOCIETE GENERALE SASOCIETE GENERALE EXPRESSBANK

Location

• Bulgaria
• Romania

Description

Loans for SMEs (Mid-Caps) and other priorities to Société Générale's banking subsidiaries in Bulgaria (SG Expressbank AD, for up to EUR 100 m) and Romania (BRD - Groupe Société Générale SA, also for up to EUR 100 m). The loan to SG Expressbank AD would, amongst others, be used to co-finance investments supported by JESSICA.

Objectives

Financing of small/medium-sized projects carried out by Small and Medium-sized Enterprises, Mid-Caps and other beneficiaries.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 200 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 - 25/06/2013