Release date: 27 April 2018
Promoter – Financial Intermediary
RAIFFEISEN LEASING DOO SARAJEVOLocation
Description
The project consists of a loan for financing small and medium-sized enterprises (SMEs) and Mid-Caps - as well as small and medium scale infrastructure projects promoted by local authorities and final beneficiaries of any size.
Objectives
The project aims at improving access to finance of SMEs and Mid-Caps, with a Mid-cap tranche for financing SME and medium sized companies projects, small and medium scale infrastructure projects in the fields of knowledge economy, energy, environmental protection, health, education, services and tourism activities. It also includes a focus on investments promoted by youth and/or securing youth employment
Comments
The loan is intended for financing small and medium-sized projects promoted by SMEs and medium sized companies (within the EIB's usual eligibility criteria) for at least 70% of the loan amount, as well as projects promoted by local authorities and other public or private sector promoters in the field of knowledge economy, energy, environmental protection, health, education, services and tourism activities.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 25 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 - 19/10/2018
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).