IDF COVID-19 RESPONSE FOR SMES AND MID-CAPS

Promoteur – Intermédiaire Financier

ACCEPTABLE BANK(S),INVESTMENT AND DEVELOPMENT FUND OF MONTENEGRO JSC

Lieu

• Monténégro

Description

Dedicated COVID-19 multi-beneficiary intermediated loan (MBIL) to support small and medium-sized enterprises (SMEs), midcaps and public sector entities and contribute to mitigating the COVID-19-induced economic impact in Montenegro.

Objectifs

This facility is part of the EIB's economic response to the COVID-19 pandemic crisis and contributes to the €1.7 billion EIB financial support package in the Western Balkans (WB) region. The loan aims at mobilizing funding resources to mitigate the impact of the COVID-19 crisis in Montenegro, by financing of small/medium projects carried out by small and medium-sized enterprises or local authorities.

Commentaires

This loan is an allocation under the WB COVID-19 Response - Public Sector and NPBs Programme Loan.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Garantie au titre du MPE

This operation is covered by the ELM Guarantee.

Montant BEI envisagé (montant approximatif)

EUR 50 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Passation des marchés

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Statut

Signé - 11/09/2020