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    Reference: 20230822
    Release date: 8 May 2024

    Promoter – Financial Intermediary

    HAMBURGER SPARKASSE AG

    Location

    Description

    The operation is structured as multiple beneficiary intermediated loan (MBIL) to finance investments promoted by small and medium enterprises (SMEs) and midcaps in Germany.

    Objectives

    The aim is to enhance access to finance to the target beneficiaries as well as contribute for 30% to EIB's Climate Action & Environmental Sustainability (CA&ES).

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 200 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 - 14/03/2024

    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