Release date: 14 February 2020
Promoter – Financial Intermediary
COMMERZBANK AGLocation
Description
The operation will enable Commerzbank to redeploy capital to finance projects carried out by SMEs and midcaps.
Objectives
The aim is to enhance access to finance of the target beneficiaries for the benefit of employment, growth and innovation.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
EUR 840 million
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 - 17/12/2019
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).