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)
- Credit lines - Credit lines
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).