Release date: 30 October 2014
Promoter – Financial Intermediary
REPUBLIC OF MALTALocation
Description
Guarantees for financing small and medium-sized investment promoted by SMEs.
Objectives
The SME Initiative in Malta is expected to make a significant contribution to sustainable growth and employment through the facilitation of credit at attractive terms. It aims to enhance the Bank’s support to the economic development of SMEs in Malta. The initiative involves collaboration between the European Commission, the EIB Group and the Maltese national authority responsible for the coordination of structural funds.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 52 million
Total cost (Approximate amount)
EUR 104 million
Environmental aspects
The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate.
Status
Signed - 14/07/2015
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).