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    Reference: 20200441
    Release date: 14 October 2020

    Promoter – Financial Intermediary

    UNICREDIT BANK SA

    Location

    Description

    Dedicated loan to finance small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps mainly in Romania in response to the COVID-19 crisis.

    Objectives

    Increase the availability of financing for projects carried out by enterprises operating in the industry and services sectors. This operation will contribute to mitigating the negative economic effects of the COVID-19 pandemic.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 50 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 - 9/10/2020

    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

    Romania Credit lines