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    Reference: 20180076
    Release date: 10 October 2018

    Promoter – Financial Intermediary

    GARANTI BANK SA

    Location

    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)

    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).

    Related tags

    Romania Credit lines