Reference: 20190794
Release date: 14 November 2019

Promoter – Financial Intermediary

PIRAEUS BANK LOAN FOR AGRICULTURE & BIOECONOMY

Location

Description

Loan for small and medium-sized enterprises (SMEs) and mid-caps located in Greece, operating in the agriculture and bioeconomy sectors. At least 10% of the loan will be dedicated to young farmers.

Objectives

The project will aim to improve access to finance for SMEs and mid-caps (including farmers) in the agriculture and bioeconomy sectors in Greece. It will also aim at stimulating lending to young farmers.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 100 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 - 3/01/2020

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

Greece Credit lines