Release date: 14 November 2014
Promoter – Financial Intermediary
ERSTE BANK AD NOVI SADLocation
Description
Loan for small and medium-sized enterprises (SMEs) with a mid-cap tranche for financing SMEs' and mid-cap companies' projects, small and medium-scale infrastructure projects promoted by local authorities and final beneficiaries of any size in the fields of knowledge economy, energy, environmental protection, health, education and services.
Objectives
Financing of small and medium projects carried out by SMEs and Mid-caps, projects promoted by local authorities and final beneficiaries of any size for investments of limited scale.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 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 - 20/02/2015
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).