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CLICO GLOBAL LOAN

Signature(s)

Amount
€ 10,587,745.21
Countries
Sector(s)
Trinidad and Tobago : € 10,587,745.21
Credit lines : € 10,587,745.21
Signature date(s)
3/11/2005 : € 10,587,745.21
Link to source
Data sheet
CLICO GLOBAL LOAN
Other links
Summary sheet
Clico Global Loan

Summary sheet

Release date
28 November 2005
Status
Reference
Signed | 03/11/2005
20040179
Project name
Promoter - financial intermediary
Clico Global Loan
Clico Investment Bank Limited
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 20 million.
Not applicable.
Sector(s)
Description
Objectives

Global loan facility to co-finance eligible investment projects in the wider Caribbean i.e. ACP countries in the Caribbean that are signatories to the Cotonou agreement.

Provision of longer term financing for smaller and medium sized enterprises.

Environmental aspects
Procurement

The intermediary, Clico Investment Bank, will provide the EIB with a summary of environmental impacts and mitigation action for each project submitted for financing under the global loan in order to ensure that projects comply with environmental policies and standards.

The Bank’s standard procurement guidelines applicable to global loans operations will apply.

Comments

Financial sector.

Link to source
Summary sheet
Clico Global Loan
Other links
Data sheet
CLICO GLOBAL LOAN

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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