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The Project focuses on financing of small-scale projects in the fields of industry, services and tourism promoted by SMEs.
The Bank’s global loan would allow Volksbank-Leasing to increase and diversify its long-term funding sources and to step up its longer-term financing of eligible projects.
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.