Release date: 19 October 2010
Promoter – Financial Intermediary
Kredyt Bank SA
Location
Description
Financing of small and medium-sized ventures undertaken by regional and municipal authorities and companies in the field of environmental protection, energy savings, infrastructure (incl. health and education), industry, agro-industry, services or tourism.
Objectives
The loan will provide an alternative source of funding for carrying out small and medium-sized ventures.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.
Procurement
In accordance with the Bank's policy to ensure that sub-loans comply with the Community acquis, in particular in the fields of environment and public procurement, the intermediary shall stipulate with the Final Beneficiary that sub-projects undertaken by the latter with the proceeds of EIB funds should comply with the relevant applicable EU and national legislation.
Status
Signed - 3/02/2011