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MAURITIUS LEASING LINE OF CREDIT

Signature(s)

Amount
€ 5,000,000
Countries
Sector(s)
Mauritius : € 5,000,000
Credit lines : € 5,000,000
Signature date(s)
19/12/2011 : € 5,000,000
Link to source
Data sheet
MAURITIUS LEASING LINE OF CREDIT
Other links
Summary sheet
Mauritius Leasing Line of Credit
Related press
EIB Provides a Line of Credit to Mauritius Leasing for SME Financing

Summary sheet

Release date
24 October 2011
Status
Reference
Signed | 19/12/2011
20100653
Project name
Promoter - financial intermediary
Mauritius Leasing Line of Credit

Mauritius Leasing Company Ltd.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 8 million
Not applicable
Location
Sector(s)
Description
Objectives

Line of Credit from Investment Facility to Mauritius Leasing Company Ltd.

The Line of Credit is to support the availability of term finance for Mauritian small to medium-sized private enterprises (SMEs).

Environmental aspects
Procurement

The Maurtitius Leasing Company Ltd. shall stipulate to 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.

The Maurtitius Leasing Company Ltd. shall stipulate to 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.

Link to source
Summary sheet
Mauritius Leasing Line of Credit
Other links
Data sheet
MAURITIUS LEASING LINE OF CREDIT
Related press
EIB Provides a Line of Credit to Mauritius Leasing for SME Financing

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).

News & Stories

Link to source
Related press
EIB Provides a Line of Credit to Mauritius Leasing for SME Financing
Other links
Data sheet
MAURITIUS LEASING LINE OF CREDIT
Summary sheet
Mauritius Leasing Line of Credit

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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