BICE LOAN FOR SMES AND MIDCAPS

Promoteur – Intermédiaire Financier

Banco de Inversión y Comercio Exterior (BICE)

Lieu

• Argentine

Description

A line of credit to part-finance projects undertaken by small and medium-sized enterprises (SMEs) and mid-caps in Argentina, and implemented by Banco de Inversión y Comercio Exterior (BICE)

Objectifs

The project aims to contribute to better access to long-term finance for the local private sector in Argentina.

Secteur(s)

• Services - Activités financières et d'assurance

Garantie au titre du MPE

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Montant BEI envisagé (montant approximatif)

EUR 61 million

Coût total (montant approximatif)

EUR 120 million

Aspects environnementaux

The promoter will be required to comply with the Bank's environmental and social (E&S) standards.

Passation des marchés

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Statut

Signé - 2/11/2017