Signature(s)
Amount
€ 349,980,000
Countries
Sector(s)
Greece
: € 349,980,000
Credit lines
: € 349,980,000
Signature date(s)
28/12/2020 : € 49,980,000
14/10/2020 : € 150,000,000
24/11/2020 : € 150,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
19 June 2020
Status
Reference
Signed | 14/10/2020
20200445
Project name
Promoter - financial intermediary
GREECE COVID-19 RESPONSE FOR SMES & MIDCAPS
ACCEPTABLE BANK(S),ALPHA BANK AE,EUROBANK SA,NATIONAL BANK OF GREECE SA,PIRAEUS BANK SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project, which is part of the EIB's economic response to the Covid-19 pandemic crisis, consists in multi-beneficiary loans at affordable terms to be provided through acceptable banks operating in Greece.
The aim is to support SMEs and midcaps in Greece affected by the current crisis and help them withstand the negative impact of the Covid-19 pandemic, by providing financing to cover their primarily working capital and liquidity needs, but also possible investments.
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.
Link to source
Summary sheet
Other links
Data sheet