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    Reference: 20220432
    Release date: 10 July 2024

    Promoter – Financial Intermediary

    IKB DEUTSCHE INDUSTRIEBANK AG

    Location

    Description

    Operation, with a 30% Climate Action and Environmental Sustainability (CAES) window, to support midcaps in Germany and potentially other EU Member States in sectors that are in line with the EIB's long-term mission.

    Objectives

    By freeing up capital and decreasing the credit risk, the operation aims to enable additional lending by the Intermediary and trigger growth and employment. 30% of the lending will be dedicated to financing green projects.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    not disclosed

    Total cost (Approximate amount)

    not disclosed

    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

    Under appraisal - 14/06/2022

    Milestone
    Under appraisal

    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

    Germany Credit lines