Release date: 14 November 2019
Promoter – Financial Intermediary
PIRAEUS BANK SALocation
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)
- Credit lines - Credit lines
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 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).