Release date: 5 March 2019
Promoter – Financial Intermediary
ACCEPTABLE BANK(S),PRIVATE ENTITY(IES)Location
Description
The project consists of an EIB Programme to group sub-operations dedicated to agriculture/bioeconomy small and medium-sized enterprises (SMEs) and mid-caps in the EU, including a dedicated window to finance young farmers. Sub-operations will be loans for SMEs and mid-caps to acceptable financial intermediaries such as banks, leasing companies or any other qualifying counterparts.
Objectives
The programme loan aims to accelerate and further mobilise private sector investments, thus furthering the sustainability of enterprises active in agriculture and bioeconomy value chains.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 700 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
Approved - 9/04/2019
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).