Release date: 19 June 2019
Promoter – Financial Intermediary
PROCREDIT BANK (BULGARIA) AD,PROCREDIT BANK SA
Location
Description
The project consists of a dedicated EIB loan to finance eligible investments promoted by small and medium-sized enterprises (SMEs) and mid-caps in Romania and Bulgaria, with a Climate Action window of at least 30%.
Objectives
This operation will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps in Romania and Bulgaria, with a special focus on energy efficiency.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 30 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 - 17/01/2020
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).