Release date: 27 March 2020
Promoter – Financial Intermediary
ACCEPTABLE BANK(S),ALPHA SERVICES AND HOLDINGS SA,EUROBANK ERGASIAS SERVICES AND HOLDINGS SA,NATIONAL BANK OF GREECE SA,PANCRETA BANK SA,PIRAEUS FINANCIAL HOLDINGS SALocation
Description
The project consists of a Multi-Beneficiary Intermediated Loans (MBILs) through eligible banks operating in Greece.
Objectives
The aim is to enhance access to loan finance to Greek SMEs and midcaps, with a focus on Climate Action projects and projects in the Just Transition areas of Greece, as well as other priorities, such as youth employment and the empowerment of women at workplace.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 1000 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 - 19/08/2020
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).