Release date: 21 March 2012
Promoter – Financial Intermediary
LLOYDS BANKING GROUP PLCLocation
Description
The operation will be used to fund Lloyds Bank's SME investments in the UK
Objectives
To provide an alternative source of funding for financial institutions to enhance their SME lending, improving access to term finance at favourable conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 180 million (GBP 150 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 - 13/06/2012
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).