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LBBW GL III

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Germany : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
6/12/2004 : € 38,402,457.76
13/06/2005 : € 61,597,542.24
Link to source
Data sheet
LBBW GL III
Other links
Summary sheet
Landesbank Baden-Württemberg Global Loan

Summary sheet

Release date
11 April 2005
Status
Reference
Signed | 06/12/2004
20020696
Project name
Promoter - financial intermediary
Landesbank Baden-Württemberg Global Loan
Landesbank Baden-Württemberg, Stuttgart (“LBBW”).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 100 million.
Up to EUR 200 million.
Location
Sector(s)
Description
Objectives

Global loan (A) for the financing of small and medium sized projects carried out by SMEs or (B) for the financing of small and medium sized projects in the field of environmental protection, rational use of energy, improvement of municipal infrastructure as well as ventures in the sectors of health and education and of housing integrated in well defined urban schemes.

LBBW’s predominant business policy objective is the promotion of the economic environment in its core market, Baden-Württemberg. The Land Baden-Württemberg is one of the key regions in Germany for innovation and research & development related investments, mostly through its vast SME sector. The global loan would focus on investments of SME’s as well as the related public and private infrastructure, which is one of the main factors to attract new investments in the area.

Environmental aspects
Procurement

Compliance with EU environmental directives and national laws shall be ensured.

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

Comments

Environmental protection, the rational use of energy, infrastructure investments, incl. Health, education and urban renewal.

Link to source
Summary sheet
Landesbank Baden-Württemberg Global Loan
Other links
Data sheet
LBBW GL III

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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