Release date: 5 September 2013
Promoter – Financial Intermediary
ZAO UNICREDIT BANKLocation
Description
A dedicated EIB loan to finance projects promoted by SMEs and Mid-Caps in Russia through ZAO Unicredit Bank in the Russian Federation, under the Eastern Partners Facility. Projects in the fields of local private sector development, development of social and economic infrastructure, and climate change mitigation and adaptation carried out by private eligible promoters of any size can also be funded, provided that financing of these does not exceed 30% of the overall EIB loan amount.
Objectives
Improving access to term finance at favourable conditions through financing of small/medium projects mainly carried out by small and medium-sized enterprises as well as Mid-Caps.
Comments
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
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 - 21/11/2013
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).