Reference:
20190614
Release date: 17 April 2020
Release date: 17 April 2020
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
The project consists in a credit facility addressing the adverse consequences of the COVID-19 pandemic on the private sector, in particular on small and medium sized enterprises (SMEs).
Objectives
The main objective is to support on-lending by financial intermediaries to private sector projects in the West and Central Africa region (excluding Nigeria) carried out by private sector companies, in particular SMEs.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 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 - 18/12/2020