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WB COVID19 RESPONSE FOR SME MIDCAPS PROGRAM LOAN

Summary sheet

Release date
14 May 2020
Status
Reference
Approved | 26/06/2020
20200332
Project name
Promoter - financial intermediary
WB COVID19 RESPONSE FOR SME MIDCAPS PROGRAM LOAN
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 400 million
not applicable
Location
Sector(s)
Description
Objectives

The project consists of a programme loan (PL) to support working capital and liquidity needs of SMEs and midcaps in the six Western Balkans countries. The PL is part of the EIB economic response to the COVID-19 outbreak.

The aim is to mobilise financial resources to mitigate the impact of the COVID-19 pandemic on SMEs and midcaps in the six Western Balkans countries. Sub-operations will be loans for the target beneficiaries to be made available through eligible financial intermediaries in each country.

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.

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PDB COVID19 RESPONSE FOR SMES&MIDCAPS
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EBS COVID19 CRISIS RESPONSE FOR SMES&MIDCAPS
Related sub-project
INTESA LEASING BEOGRAD COVID19SME & MIDCAP LOAN
Related sub-project
PROCREDIT WB COVID19 RESPONSE FOR SMES & MIDCAPS
Related sub-project
UBBL COVID19 RESPONSE FOR SMES & MIDCAPS LOAN
Related sub-project
UCBS COVID-19 RESPONSE SMES & MIDCAPS LOAN
Related sub-project
BIB COVID19 RESPONSE SMES & MIDCAPS LOAN
Link to source
Summary sheet
WB COVID19 RESPONSE FOR SME MIDCAPS PROGRAM LOAN

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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