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)
- Credit lines - Credit lines
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).