ALPHA BK EGF RISK-SHARING FOR MIDCAPS&LARGE CORP

Promoteur – Intermédiaire Financier

ALPHA SERVICES AND HOLDINGS SA

Lieu

• Grèce

Description

Risk-sharing instrument deployed under the European Guarantee Fund (EGF) for the support of mid-caps and large corporates in Greece that are active in sectors that are in line with the EIB's long-term mission (innovation, environment and intermediated support for small and medium-sized enterprises (SMEs)) and have been affected by the COVID-19 pandemic.

Additionality and Impact

The proposed operation consists of a guarantee in favour of Alpha Bank covering partially the loan-by-loan losses that may incur in a portfolio of financings to eligible MidCaps and large corporates in Greece. Aiming to enhance uninterrupted access to finance and liquidity for businesses in the post-pandemic era, the operation is fully in line with EU, the Bank's, as well as the Hellenic Republic's strategic objectives to support extroversion and growth of the Greek entrepreneurship. The guarantee will offer benefits to Alpha Bank on the portfolio to be covered and to the final beneficiaries in respect of favourable terms provided.

Objectifs

Improve access to finance for companies in Greece and, namely, at beneficial terms, through the provision of capital relief and credit loss protection to Alpha Bank on a portfolio of new eligible transactions.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 150 million

Coût total (montant approximatif)

EUR 490 million

Aspects environnementaux

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

Passation des marchés

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

Statut

Signé - 23/12/2021