Release date: 5 June 2019
Promoter – Financial Intermediary
ERSTE & STEIERMAERKISCHE BANK DD,ERSTE UND STEIERMAERKISCHE S-LEASING DOOLocation
Description
The project consists of a dedicated loan to finance eligible investments promoted by small and medium-sized enterprises (SMEs) and mid-caps, for at least 70% of the facility amount, operating in the manufacturing, tourism, services and agriculture sectors mainly in Croatia, although eligible investments by SMEs in other EU countries are not excluded. Up to 30% of the loan amount could be dedicated to eligible projects promoted by public sector entities within the infrastructure, innovation and climate action objectives, and by other private sector entities.
Objectives
The loan will include dedicated lending under the "Jobs for Youth" programme that may provide more favourable economic conditions to eligible SMEs and mid-caps.
Sector(s)
- Credit lines - Credit lines
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 - 19/12/2019
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).