Release date: 30 May 2023
Promoter – Financial Intermediary
RAIFFEISEN FACTOR BANK AGLocation
Description
The project consists in a loan to the intermediary bank to finance projects promoted by small and medium enterprises (SMEs) and Midcaps, active primarily in Austria and potentially in other EU member states.
Objectives
The aim is to enhance access to finance for the target beneficiaries.
Sector(s)
- Credit lines - Credit lines
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
Under appraisal - 3/05/2023
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).