Release date: 14 January 2021
Promoter – Financial Intermediary
BNP PARIBASLocation
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)
- Credit lines - Credit lines
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 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).