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    Reference: 20190478
    Release date: 28 October 2019

    Promoter – Financial Intermediary

    AGRICOVER CREDIT IFN SA

    Location

    Description

    The project consists of an additional operation with a Financial Intermediary serving in the agricultural finance industry.

    Objectives

    The aim is to improve access to finance for SMEs operating in the agricultural sector. The operation will target EFSI eligibility.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 15 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 - 11/05/2020

    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).

    Related tags

    Romania Credit lines