Release date: 10 October 2018
Promoter – Financial Intermediary
GARANTI BANK SALocation
Description
The framework loan aims at enhancing access to finance of small and medium sized enterprises (SMEs) and Mid-Caps in Romania.
Objectives
Loans, to be provided by Garanti Bank, will finance eligible small and medium-sized projects.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 22 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 - 14/12/2018
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).