Release date: 30 April 2020
Promoter – Financial Intermediary
PANCRETAN COOPERATIVE BANK LTDLocation
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)
- Credit lines - Credit lines
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).