Release date: 19 January 2018
Promoter – Financial Intermediary
SAEAESTOEPANKKIEN KESKUSPANKKI SUOMI OYJLocation
Description
Intermediated loan for the funding of SP Group lending to small and medium-sized enterprises (SMEs) and mid-caps.
Objectives
The project aims at accelerating and further mobilising private sector investments, enhancing the competitiveness and sustainability of mid-caps and SMEs investment plans in the future.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 75 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 - 26/10/2018
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).