Release date: 20 October 2017
Promoter – Financial Intermediary
COMMERZBANK AGLocation
Description
Project in support of small-scale investments promoted by small and medium-sized enterprises (SMEs) and mid-caps in Germany, although other EU Member States are not explicitly excluded
Objectives
Financing of small/medium projects carried out by small and medium-sized enterprises and mid-caps. Possible sectors may be manufacturing, transport, wholesale and retail trade. A minimum of 70% of the loan will be used to finance SMEs.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 250 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 - 12/12/2017
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).