Reference:
20200271
Release date: 20 April 2020
Release date: 20 April 2020
Promoter – Financial Intermediary
BANQUE FEDERATIVE DU CREDIT MUTUELLocation
Description
The project consists of a Multi-Beneficiary Intermediated Loan (MBIL) to support a new portfolio of loans to small and medium sized enterprises (SMEs) and midcaps affected by the Covid19 crisis in France.
Objectives
The operation will enable to enhance access to finance for the target beneficiaries.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 350 million
Environmental aspects
Final beneficiaries need to comply with EU and national legislation.
Procurement
Final beneficiaries need to comply with EU and national legislation.
Status
Signed - 17/06/2020