Framework guarantee agreement (Central Africa)

Promoteur – Intermédiaire Financier

• BGFIBANK SA, Libreville, Gabon
  Mr Bernard PEDEPRAT, Deputy Managing Director
• BICIG SA, Libreville, Gabon
  Mr Jean-Michel PAPIN, Director of Corporate Customers Network
• Union Gabonaise de Banque SA, Libreville, Gabon
  Mr François HOFFMANN, Managing Director

Lieu

• Régional - Afrique centrale

Description

Partial guarantee for loans granted by the financial intermediaries to private or public commercial enterprises.

Objectifs

The proposed operation will enable the financial intermediaries to finance the major projects to be implemented in the coming years in various Central African countries with their own resources while complying with the prudential ratios of the Central African Banking Commission (especially concerning risk coverage and risk sharing). It will thus contribute to developing the region's financial sector and private sector.

Commentaires

The EIB will provide the financial intermediaries with surety for loans or guarantees granted to private or public commercial enterprises undertaking long and medium-term projects in the industrial, productive infrastructure and services sectors.

Secteur(s)

• Services

Montant BEI envisagé (montant approximatif)

EUR 50 million.

Coût total (montant approximatif)

Not applicable.

Aspects environnementaux

The EIB will assist the financial intermediaries in the area of environmental impact assessment in order to ensure that projects supported comply with the EIB’s standards.

Passation des marchés

The financial intermediaries will undertake to ensure that the EIB’s competitive tendering criteria are observed.

Statut

Signé - 10/07/2007