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    Reference: 20200110
    Release date: 27 March 2020

    Promoter – Financial Intermediary

    ACCEPTABLE BANK(S),ALPHA BANK AE,EUROBANK ERGASIAS SERVICES AND HOLDINGS SA,NATIONAL BANK OF GREECE SA,PANCRETAN COOPERATIVE BANK LTD,PIRAEUS BANK SA

    Location

    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)

    Proposed EIB finance (Approximate amount)

    EUR 500 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 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