Bank of Cyprus Loan for SMEs

Promoter – Financial Intermediary

Bank of Cyprus Public Company Limited

Location

• Cyprus
• Greece

Description

EIB loan for SMEs for the financing (including via lease financing) of small and medium sized projects promoted by small and medium sized companies in industry, tourism, and services in Cyprus and Greece.

Objectives

Financing investments (including via lease financing) of small/medium scale undertaken by small, and medium size enterprises.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to EUR 130 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 10/07/2009