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    Reference: 20140513
    Release date: 24 March 2015

    Promoter – Financial Intermediary

    PROCREDIT BANK SHA (ALBANIA), PROCREDIT BANK DD (BOSNIA AND HERZEGOVINA), PROCREDIT BANK SHA (KOSOVO), PROCREDIT BANK AD BEOGRAD (SERBIA), PROCREDIT BANK AD SKOPJE (FYROM), PROCREDIT BANK (SA) ROMANIA, PROCREDIT BANK (BULGARIA) EAD (BULGARIA), PROCREDIT BANK GEORGIA JSC (GEORGIA), BANCA COMERCIALA PROCREDIT BANK SA (MOLDOVA), PROCREDIT BANK JSC (UKRAINE)

    Location

    Description

    Loan for small and medium-sized projects promoted by small and medium-sized enterprises (SMEs), Mid-Caps and other private or public sector entities

    Objectives

    Financing of small and medium-sized projects carried out by SMEs, Mid-Caps, public sector entities and other beneficiaries in EIB-eligible sectors of the economy.

    Comments

    This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 170 million

    Total cost (Approximate amount)

    Not applicable.

    Environmental aspects

    The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law as appropriate.

    Procurement

    The financial intermediaries will be requested to ensure compliance of sub-projects with EU directives, as and where applicable.

    Status

    Signed - 14/10/2015

    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

    Romania Albania Kosovo* Bosnia and Herzegovina Moldova, Republic of Georgia Ukraine Serbia Bulgaria North Macedonia Credit lines