Parex Bank Loan for SMEs

Promoter – Financial Intermediary

AS Parex banka

Location

• Latvia

Description

EIB credit line for financing of small and medium-sized projects carried out by SMEs in Latvia.

Objectives

Financing of investments of small/medium scale in the areas of industry, transport, environmental protection, energy, infrastructure, services and knowledge-based economy.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to EUR 100 million

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 - 23/03/2010