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        HYPOVEREINSBANK EUROPEAN REGIONS GLIII

        Signature(s)

        Amount
        € 200,000,000
        Countries
        Sector(s)
        Germany : € 200,000,000
        Credit lines : € 200,000,000
        Signature date(s)
        8/12/2004 : € 50,000,000
        21/11/2006 : € 59,000,000
        14/06/2005 : € 91,000,000

        Summary sheet

        Release date
        30 October 2003
        Status
        Reference
        Signed | 08/12/2004
        20020695
        Project name
        Promoter - financial intermediary
        HypoVereinsbank European Regions GL III.
        Bayerische Hypo- und Vereinsbank AG, Munich.
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 200 million.
        At least EUR 400 million
        Location
        Sector(s)
        Description
        Objectives

        Projects of limited size aiming at promoting environmental protection, the rational use of energy, infrastructure investments (including health, education and urban renewal), and SMEs.

        Global loan for the financing of small and medium sized projects carried out by SMEs or contributing towards environmental protection, rational use of energy and improvements to infrastructure in assisted areas and/or those of infrastructure related to education, health and urban renewal.

        Environmental aspects
        Procurement

        Compliance with EU directives and national legislation and guidelines is made a condition and to be confirmed by the promoter for each allocation under the Global Loan.

        All eligible projects will have to respect the rules and conditions on procurement set out in the side-letters provided to this effect, in line with European and national legislation.

        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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