Release date: 27 February 2019
Promoter – Financial Intermediary
BANQUE CALEDONIENNE D'INVESTISSEMENTLocation
Description
The project consists of a line of credit to part-finance borrowings from enterprises located in remote areas, and very small enterprises in New Caledonia.
Objectives
This operation will improve competitiveness and access to finance at favourable conditions for small and medium sized enterprises.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 24 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 23/07/2019
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).