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    Reference: 20190774
    Release date: 14 January 2021

    Promoter – Financial Intermediary

    BNP PARIBAS

    Location

    Description

    EIB guarantee instrument to support new lending to small and medium-sized enterprises (SMEs) and mid-caps in France impacted by the fallout from COVID-19.

    Objectives

    EIB guarantee instrument to support new lending to SMEs and mid-caps affected by the COVID-19 crisis in France. The guarantee will be used to cover a tranche of a granular SME and small mid-cap portfolio.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 103 million

    Total cost (Approximate amount)

    EUR 721 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 - 17/12/2020

    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

    France Credit lines