Release date: 8 February 2018
Promoter – Financial Intermediary
NATIONAL BANK OF GREECE SALocation
Description
Multi-beneficiary intermediated loan targeted at financing small and medium-sized entreprises (SMEs) and mid-caps in Greece via on-lending by the National Bank of Greece. The EIB financing will take the form of a loan substitute (covered bonds).
Objectives
This intermediated loan will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 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 - 24/07/2018
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).