Date de publication: 20 juin 2019
Promoteur – Intermédiaire Financier
ACCEPTABLE BANK(S),MALTA DEVELOPMENT BANK
The project consists of a Multi Beneficiary Intermediated Loan to the newly-established Malta Development Bank (MDB) to support its promotional lending to finance small and medium-sized enterprises (SMEs) and mid-caps (mainly through local intermediary banks), as well as other small scale projects carried out by public sector entities in Malta which is an EIB Cohesion Priority Region.
The proposed operation is fully consistent with EU objectives and responds to the definition of SME financing as a strategic objective of the Bank. All sub-projects being implemented in Malta, the loan strengthens investments in convergence areas. It aims to enhance the Bank's support to the economic development of SMEs and mid-caps by financing initiatives in different sectors of industry and services. Furthermore, part of the facility will be utilised for integrated territorial development (20%) and to spur innovation (10%), as well as to finance selected climate action project components. The loan is expected to be mainly used for the financing of investments promoted by SMEs and mid-caps, responding to important market needs in the context of liquidity and credit access. Up to 30% will be financed through Public Sector Enterprises (PSEs).
- Lignes de crédit - Lignes de crédit
Montant BEI envisagé (montant approximatif)
EUR 60 million
Coût total (montant approximatif)
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Passation des marchés
Signé - 19/12/2019
Clause de non-responsabilité
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).