Release date: 16 May 2014
Promoter – Financial Intermediary
CEC BANK - SALocation
Description
Financing of small and medium-sized ventures carried out by SMEs, Mid-Caps and public sector entities, intermediated through CEC Bank in Romania
Objectives
Improving access to term finance at favourable conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 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 - 11/09/2014
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).