Release date: 3 December 2019
Promoter – Financial Intermediary
GRENADA DEVELOPMENT BANKLocation
Description
The project consists of a loan to Grenada Development Bank to be covered by Grenada sovereign.
Objectives
This operation will enhance competitiveness and access to finance at favourable conditions for SMEs in Grenada.
Sector(s)
- Credit lines - Credit lines
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 9 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
Under appraisal
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).