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    Reference: 20150933
    Release date: 10 October 2016

    Promoter – Financial Intermediary

    VSEOBECNA UVEROVA BANKA AS

    Location

    Description

    Operation to support financing of small and medium-sized projects carried out by small and medium-sized enterprises (SMEs), mid-caps and other eligible private and public entities mostly in Slovakia. The operation might potentially take the form of a purchase of mortgage-covered bonds issued by the borrower, Vseobecna Uverova Banka AS (VUB). In such case VUB undertakes to generate a portfolio of new loans to SMEs, mid-caps and other public and private entities.

    Objectives

    Financing of small/medium projects carried out by small and medium-sized enterprises.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    Eligible SMEs, mid-caps and other private and public entities will be requested to comply with applicable national and EU legislation, as appropriate.

    Procurement

    Eligible SMEs, mid-caps and other private and public entities will be requested to comply with applicable national and EU legislation, as appropriate.

    Status

    Signed - 6/12/2016

    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

    Slovakia Credit lines