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WB COVID-19 RESPONSE - PUBLIC SECTOR AND NPBS PL

Summary sheet

Release date
14 May 2020
Status
Reference
Approved | 26/06/2020
20200328
Project name
Promoter - financial intermediary
WB COVID-19 RESPONSE - PUBLIC SECTOR AND NPBS PL
ACCEPTABLE CORPORATE(S),PRIVATE ENTITY(IES),PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
EUR 1000 million
Location
Sector(s)
Description
Objectives

The project consists in a programme loan (PL) supporting various needs arising from the COVID-19 crisis in the six Western Balkan countries through the public sector, National Promotional Banks (NPBs) or public financial intermediaries.

The aim is to mobilise financial resources to mitigate the impact of the COVID-19 pandemic in the six Western Balkans countries. The PL, which is part of the EIB economic response to the COVID-19 outbreak, will address healthcare and civil protection needs and provide financial support to the local economy through public sector intermediaries.

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.

Under ELM Guarantee

This operation is covered by the ELM Guarantee.

Related projects
Related sub-project
COVID-19 RESPONSE NORTH MACEDONIA - DBNM
Related sub-project
KOSOVO COVID19 RESPONSE FOR SMES
Related sub-project
IDF COVID-19 RESPONSE FOR SMES AND MID-CAPS
Related sub-project
COVID-19 SERBIAN GOVERNMENT SUPPORT SMES&MIDCAPS
Link to source
Summary sheet
WB COVID-19 RESPONSE - PUBLIC SECTOR AND NPBS PL

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).

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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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