Release date: 23 October 2013
Promoter – Financial Intermediary
CO-OPERATIVE CENTRAL BANK LTDLocation
Description
Financing of small and medium-sized ventures carried out mainly by SMEs intermediated through Cooperative Central Bank and its member network of cooperative credit societies in Cyprus.
Objectives
Improving access to term finance at favourable conditions.
Comments
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 25 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 - 3/04/2014
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).