Release date: 31 July 2014
Promoter – Financial Intermediary
Eligible financial intermediaries of ABC Holdings, trading as BancABC.Location
Description
Credit facility for the financing of private companies and commercially run public entities, with an emphasis on SMEs, in southern Africa through the financial intermediaries of ABC Holdings.
Objectives
The line of credit is intended to support the availability of term finance small, medium and midcap sized enterprises and commercially run public entities that contribute to private sector development and other priorities under the Mandate such as social and economic infrastructure.
Comments
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 45 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 - 2/12/2014
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).