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ALLIANZ BANK BG LOAN FOR SMES AND MID-CAPS II

Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
Bulgaria : € 30,000,000
Credit lines : € 30,000,000
Signature date(s)
21/09/2016 : € 30,000,000
Link to source
Data sheet
ALLIANZ BANK BG LOAN FOR SMES AND MID-CAPS II
Other links
Summary sheet
ALLIANZ BANK BG LOAN FOR SMES AND MID-CAPS II
Related press
Bulgaria: EIB joins forces with Allianz Bank Bulgaria to support SME and MidCap projects, increasing youth employment
Parent project
EUROPEAN PROGRAMME LOAN FOR SMES AND MID-CAPS

Summary sheet

Release date
24 June 2014
Status
Reference
Signed | 21/09/2016
20140281
Project name
Promoter - financial intermediary
ALLIANZ BANK BG LOAN FOR SMES AND MID-CAPS II
Allianz Bank Bulgaria AD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
Not applicable.
Location
Sector(s)
Description
Objectives

Loan for SMEs (min 70%) and Mid-caps (max 30%) for investment and working capital projects in Bulgaria.

Financing of small, medium-sized and larger projects promoted by SMEs and Mid-Caps in eligible sectors in Bulgaria

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Related projects
Parent project
EUROPEAN PROGRAMME LOAN FOR SMES AND MID-CAPS
Link to source
Summary sheet
ALLIANZ BANK BG LOAN FOR SMES AND MID-CAPS II
Other links
Data sheet
ALLIANZ BANK BG LOAN FOR SMES AND MID-CAPS II
Related press
Bulgaria: EIB joins forces with Allianz Bank Bulgaria to support SME and MidCap projects, increasing youth employment

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
Bulgaria: EIB joins forces with Allianz Bank Bulgaria to support SME and MidCap projects, increasing youth employment
Other links
Data sheet
ALLIANZ BANK BG LOAN FOR SMES AND MID-CAPS II
Summary sheet
ALLIANZ BANK BG LOAN FOR SMES AND MID-CAPS II
Parent project
EUROPEAN PROGRAMME LOAN FOR SMES AND MID-CAPS

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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