Release date: 10 October 2016
Promoter – Financial Intermediary
VSEOBECNA UVEROVA BANKA ASLocation
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)
- Credit lines - Credit lines
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 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).