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    Reference: 20160395
    Release date: 1 July 2016

    Promoter – Financial Intermediary

    ACCESSBANK CJSC

    Location

    Description

    A dedicated EIB loan to finance eligible investments promoted by small and medium-sized enterprises (SMEs) in the Republic of Azerbaijan

    Objectives

    Improving access to finance at favourable conditions

    Sector(s)

    Under ELM Guarantee

    This operation is covered by the ELM Political Risk Guarantee.

    Proposed EIB finance (Approximate amount)

    EUR 20 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 - 14/03/2017

    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

    Azerbaijan Credit lines