Release date: 29 January 2014
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)PUBLIC ENTITY(IES)Location
Description
Loan for financing small and medium-sized investment promoted by small and medium-sized enterprises (SMEs) and mid-caps in the EU
Objectives
The proposal falls under the EIB-IADB joint programme initiative to support EU SMEs and mid-caps seeking to invest in Latin America and the Caribbean (IADB funding) and, conversely, to support SMEs and mid-caps from Latin America and the Caribbean seeking to expand to the EU (EIB funding), to increase trade, internationalisation of companies and productive integration and to create employment.
Comments
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
USD 185 million (EUR 134 million)
Total cost (Approximate amount)
not applicable
Environmental aspects
The Bank will require that projects financed under this operation comply with applicable EU legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with applicable EU legislation, as appropriate.
Status
Approved - 15/04/2014