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    Reference: 20140065
    Release date: 4 June 2014

    Promoter – Financial Intermediary

    ACCESSBANK JSC

    Location

    Description

    A dedicated EIB loan to finance projects promoted mainly by small and medium-sized enterprises (SMEs) in the Republic of Azerbaijan.

    Objectives

    Improving access to term finance at favourable conditions through financing of small/medium projects carried out mainly by small and medium-sized enterprises (SMEs)

    Comments

    Sector(s)

    Under ELM Guarantee

    This operation is covered by the ELM Political Risk Guarantee.

    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 - 7/11/2014

    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

    Azerbaijan Credit lines