Release date: 1 March 2007
Promoter – Financial Intermediary
Bayerische Landesbank (BayernLB)Location
Description
Dedicated global loan financing small-scale eligible investments in the field of SMEs.
Objectives
The proposed global loan intends to lower the funding cost for small-scale projects through the cooperation with BayernLB, a well-established partner bank on a regional and national level. BayernLB has identified a multitude of eligible investment projects of common interest, supporting SMEs. The operation would therefore promote EU objectives for such projects, which cannot otherwise be reached by EIB.
Comments
Small and medium sized enterprises (SME).
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
At least EUR 200 million.
Environmental aspects
Compliance with EU and national environmental legislation and guidelines will be made a condition for each sub-project under the global loan.
Procurement
Compliance with EU Directives and national legislation and guidelines is made a condition for each allocation under the global loan.
Status
Signed - 23/05/2007