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    Reference: 20230886
    Release date: 26 February 2024

    Promoter – Financial Intermediary

    GEFA BANK GMBH

    Location

    Description

    The operation will enable Gefa Bank to support small and medium sized enterprises (SMEs) and mid-caps in Germany and potentially in other EU Member States, with a Climate Action and Environmental Sustainability (green) window.

    Objectives

    The aim is to improve access to finance to the final beneficiaries.

    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 - 2/02/2024

    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 EU Countries Credit lines