Signature(s)
Amount
€ 170,000,000
Countries
Sector(s)
Bulgaria
: € 10,000,000
Moldova
: € 10,000,000
North Macedonia
: € 10,000,000
Georgia
: € 15,000,000
Bosnia and Herzegovina
: € 15,000,000
Romania
: € 20,000,000
Serbia
: € 30,000,000
Ukraine
: € 60,000,000
Credit lines
: € 170,000,000
Signature date(s)
8/01/2018 : € 5,000,000
30/11/2017 : € 10,000,000
11/02/2016 : € 10,000,000
22/12/2017 : € 10,000,000
4/04/2016 : € 10,000,000
14/10/2015 : € 15,000,000
19/10/2017 : € 20,000,000
7/06/2017 : € 30,000,000
26/10/2017 : € 60,000,000
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Summary sheet
Release date
24 March 2015
Status
Reference
Signed | 14/10/2015
20140513
Project name
Promoter - financial intermediary
PROCREDIT LOAN FOR SME AND PRIORITY PROJECTS II
PROCREDIT BANK SHA (ALBANIA), PROCREDIT BANK DD (BOSNIA AND HERZEGOVINA), PROCREDIT BANK SHA (KOSOVO), PROCREDIT BANK AD BEOGRAD (SERBIA), PROCREDIT BANK AD SKOPJE (FYROM), PROCREDIT BANK (SA) ROMANIA, PROCREDIT BANK (BULGARIA) EAD (BULGARIA), PROCREDIT BANK GEORGIA JSC (GEORGIA), BANCA COMERCIALA PROCREDIT BANK SA (MOLDOVA), PROCREDIT BANK JSC (UKRAINE)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 170 million
Not applicable.
Location
Sector(s)
Description
Objectives
Loan for small and medium-sized projects promoted by small and medium-sized enterprises (SMEs), Mid-Caps and other private or public sector entities
Financing of small and medium-sized projects carried out by SMEs, Mid-Caps, public sector entities and other beneficiaries in EIB-eligible sectors of the economy.
Environmental aspects
Procurement
The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law as appropriate.
The financial intermediaries will be requested to ensure compliance of sub-projects with EU directives, as and where applicable.
Comments
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
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Summary sheet
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News & Stories
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