Signature(s)
Amount
€ 40,000,000
Countries
Sector(s)
Romania
: € 40,000,000
Credit lines
: € 40,000,000
Signature date(s)
19/07/2013 : € 40,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
4 April 2013
Status
Reference
Signed | 19/07/2013
20120173
Project name
Promoter - financial intermediary
ING BANK ROMANIA GLOBAL LOAN
ING BANK NV AMSTERDAM - BUCHAREST BRANCH
(ING BANK ROMANIA)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 40 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
Loan for SMEs, Mid-Caps, public sector entities and other types of private sector promoters to ING Bank Romania.
Financing of small and medium-sized projects carried out by small and medium-sized enterprises, Mid-caps, public sector entities and other beneficiaries in EIB eligible sectors of the economy. Improving access to term finance at favourable conditions.
Environmental aspects
Procurement
The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Link to source
Summary sheet
Other links
Data sheet
News & Stories
Link to source
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