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Reference: 20170463
Release date: 8 February 2018

Promoter – Financial Intermediary

NATIONAL BANK OF GREECE SA

Location

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)

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).

Related tags

Greece Credit lines