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    Reference: 20120173
    Release date: 4 April 2013

    Promoter – Financial Intermediary

    ING BANK NV AMSTERDAM - BUCHAREST BRANCH (ING BANK ROMANIA)

    Location

    Description

    Loan for SMEs, Mid-Caps, public sector entities and other types of private sector promoters to ING Bank Romania.

    Objectives

    Financing of small and medium-sized projects carried out by small and medium-sized enterprises, Mid-caps, public sector entities and other beneficiaries in EIB eligible sectors of the economy. Improving access to term finance at favourable conditions.

    Comments

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 40 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law as appropriate.

    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Status

    Signed - 19/07/2013

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Romania Credit lines