Release date: 13 May 2020
Promoter – Financial Intermediary
CSOB LEASING ASLocation
Description
The project consists of a loan to CSOB to enhance access to finance mainly for SMEs, midcaps and other eligible public and private entities across the country. The eligibility will reflect the priority of dealing with the consequences of COVID-19 crisis.
Objectives
The aim is to facilitate financing of small/medium projects carried out mainly by SMEs and midcaps. This operation will contribute to mitigate the negative economic effects of the coronavirus.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 130 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 - 2/12/2020
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).