Release date: 7 November 2019
Promoter – Financial Intermediary
JSC BELAGROPROMBANKLocation
Description
The project aims to provide financing for multiple projects undertaken by small and medium sized enterprises (SMEs).
Objectives
Financing of small/medium projects carried out by Belarussian SMEs.
Sector(s)
- Credit lines - Credit lines
Under ELM Guarantee
This operation is covered by the ELM Guarantee.
Proposed EIB finance (Approximate amount)
EUR 20 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The Bank will require the intermediary institution to take all the requisite measures to ensure that the procedures carried out by the final beneficiaries for the sub-projects receiving Bank financing will comply with national legislation and the ElB's Environmental and Social Standards.
Procurement
The Bank will require the intermediary institution to take all the requisite measures to ensure that any procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances are in accordance with EIB Guide to Procurement.
Status
Signed - 22/11/2019