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    Reference: 20200119
    Release date: 30 April 2020

    Promoter – Financial Intermediary

    PANCRETAN COOPERATIVE BANK LTD

    Location

    Description

    The project consists of a loan to support smalll and medium sized enterprises (SMEs) and midcaps in Greece.

    Objectives

    The aim is to improve access to finance for SMEs and MidCaps (including farmers) in the agriculture and bioeconomy sectors in Greece. It will also aim at stimulating lending to young farmers, to which 10 % of the financing will be dedicated.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 10 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 - 25/06/2020

    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).

    Related tags

    Greece Credit lines