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    Reference: 20170451
    Release date: 10 August 2017

    Promoter – Financial Intermediary

    OBERBANK AG

    Location

    Description

    Loan dedicated to the financing of small and medium-scale projects in eligible sectors, to be carried out primarily by small and medium-sized enterprises (SMEs) and mid-caps. The projects will be located mainly in Austria as well as in other countries of Central and Eastern Europe, such as Germany, Slovakia, the Czech Republic and Hungary.

    Objectives

    The operation will improve access to term finance at favorable conditions via the financing of projects carried out by SMEs, mid-caps and public sector entities.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 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 - 30/11/2017

    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

    Austria EU Countries Credit lines