Signature(s)
Amount
€ 70,000,000
Countries
Sector(s)
Montenegro
: € 70,000,000
Credit lines
: € 70,000,000
Signature date(s)
22/04/2016 : € 30,000,000
16/03/2015 : € 40,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
5 January 2015
Status
Reference
Signed | 16/03/2015
20140663
Project name
Promoter - financial intermediary
IDF LOAN FOR SMES & PRIORITY PROJECTS II
Investment and Development Fund of Montenegro JSC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 70 million
Not applicable.
Location
Sector(s)
Description
Objectives
Loans for financing small and medium-sized projects carried out primarily by SMEs as well as final beneficiaries of any size and ownership, including local authorities
Financing of small/medium projects carried out by primarily by small and medium-sized enterprises as well as local authorities
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.
Comments
The project will be implemented during the years 2015 and 2016.
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Link to source
Summary sheet
Other links
Data sheet