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    Reference: 20200405
    Release date: 19 June 2020

    Promoter – Financial Intermediary

    HRVATSKA BANKA ZA OBNOVU I RAZVITAK

    Location

    Description

    The project consists in a multi-beneficiary intermediated loan (MBIL) operation in response to the global COVID-19 pandemic to support small and medium-sized enterprises (SMEs) and midcaps in Croatia.

    Objectives

    The MBIL will contribute to mitigate the negative economic impacts of the pandemic in Croatia, by meeting the financial needs of SMEs and midcaps affected by the COVID-19 outbreak.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 100 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 - 1/10/2020

    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

    Croatia Credit lines