Date de publication: 16 juillet 2021
Promoteur – Intermédiaire Financier
ERSTE BANK DER OESTERREICHISCHEN SPARKASSEN AGLieu
Description
Operation under the European Guarantee Fund (EGF) to support Austrian mid-caps and large corporates in sectors that are in line with the EIB's long-term mission and affected by the COVID-19 pandemic. Small and medium-sized enterprises (SMEs) will be supported through the Additional Portfolio.
Additionality and Impact
The proposed operation with Erste Bank der österreichischen Sparkassen AG ("Erste Bank") under the Pan-European Guarantee Fund (EGF) will support Mid-Caps, Large Corporates and indirectly SME in response to the current Covid-crisis, addressing the identified market failure in terms of access to finance. The operation will be implemented by a trusted intermediary with a solid track record. It will support employment and economic recovery by providing an EIB guarantee covering working capital and investment loans. The resulting capital relief will in turn translate into additional lending to SMEs. The EIB's contribution will also consist in introducing a new product in the target market, which is expected to crowd in additional financing by mobilising other financiers and by sending a positive signal to other market participants.
Objectifs
Support of mid-caps and large corporates in sectors that are in line with the EIB's long-term mission and affected by the COVID-19 pandemic. SMEs will be supported through the build-up of an Additional Portfolio, equivalent in volume to the guarantee amount.
Secteur(s)
- Lignes de crédit - Lignes de crédit
Montant BEI envisagé (montant approximatif)
EUR 200 million
Coût total (montant approximatif)
EUR 652 million
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 - 22/12/2021
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).