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HSBC SME GL

Signature(s)

Amount
€ 156,372,165.75
Countries
Sector(s)
United Kingdom : € 156,372,165.75
Credit lines : € 156,372,165.75
Signature date(s)
18/12/2002 : € 156,372,165.75
Link to source
Data sheet
HSBC SME GL
Other links
Summary sheet
HSBC SME Global Loan

Summary sheet

Release date
19 December 2002
Status
Reference
Signed | 18/12/2002
20020257
Project name
Promoter - financial intermediary
HSBC SME Global Loan
HSBC Bank plc and its asset finance subsidiaries, parts of the HSBC Holdings Group.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
GBP 100 million (EUR 160 million)
Min GBP 200 million (EUR 320 million)
Location
Sector(s)
Description
Objectives

The proposed intermediary loan or ‘global loan' will be used for funding SME clients undertaking business investment.

To provide an alternative source of funding for financial institutions to enhance their SME lending.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.

Final beneficiaries will be requested to comply with EU Directives in particular for the award of public sector contracts, as appropriate.

Link to source
Summary sheet
HSBC SME Global Loan
Other links
Data sheet
HSBC SME GL

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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