Release date: 28 December 2023
Promoter – Financial Intermediary
ERSTE BANK DER OESTERREICHISCHEN SPARKASSEN AGLocation
Description
The project consists of a guarantee on an existing portfolio of assets, aimed at supporting new financing for small and medium-sized enterprises (SMEs) in Austria.
Objectives
Mezzanine ABS Guarantee on an existing portfolio of assets, aimed at supporting new financing for small and medium-sized enterprises (SMEs) in Austria.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 70 million
Total cost (Approximate amount)
EUR 476 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
See above.
Status
Signed - 20/12/2023
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).