Release date: 25 July 2017
Promoter – Financial Intermediary
UNICREDIT BANK SALocation
Description
Dedicated EIB loan to finance eligible investments promoted by small and medium-sized enterprises (SMEs) and mid-caps via term loans in Romania under the EU Programme Loan for SMEs and Mid-caps.
Objectives
Dedicated EIB facility to finance small and medium-sized eligible investments promoted by SMEs or mid-caps operating in Romania, aiming to contribute to the improvement of access to finance and competitiveness for these enterprises. Part of this facility will be denominated in Romanian lei (RON), materializing the EIB's efforts to support long-term RON-denominated funding in Romania.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 40 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 - 27/07/2018
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).