Release date: 29 April 2020
Promoter – Financial Intermediary
SAINT LUCIA DEVELOPMENT BANKLocation
Description
A loan to Saint Lucia Development Bank for boosting access to finance for micro, small and medium enterprises, in particular those impacted by the Covid-19 breakout. The loan will be covered by the Saint Lucia sovereign guarantee.
Objectives
Financing of micro, small and medium enterprises in Saint Lucia.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 5 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 - 20/11/2020
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).