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    Reference: 20180852
    Release date: 19 March 2019

    Promoter – Financial Intermediary

    PIRAEUS BANK SA,NATIONAL BANK OF GREECE SA,PANCRETAN COOPERATIVE BANK LTD,EUROBANK ERGASIAS SA,ACCEPTABLE BANK(S),ALPHA BANK AE

    Location

    Description

    The project consists of a programme of Multi-Beneficiary Intermediated Loans (MBIL) through acceptable banks operating in Greece for the purposes of on-lending to small and medium-sized enterprises (SMEs) and mid-caps, with a focus on youth employment and women's empowerment at workplace.

    Objectives

    This project will improve access to term finance for SMEs and mid-caps in Greece, support youth employment and facilitate the empowerment of women at workplace.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 550 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 - 21/05/2019

    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

    Greece Credit lines