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PG CREDIT MUTUEL NORD EUROPE PME

Signature(s)

Amount
€ 75,000,000
Countries
Sector(s)
Belgium : € 25,000,000
France : € 50,000,000
Credit lines : € 75,000,000
Signature date(s)
20/05/2003 : € 25,000,000
16/06/2003 : € 50,000,000
Link to source

Summary sheet

Release date
6 November 2002
Status
Reference
Signed | 20/05/2003
20020346
Project name
Promoter - financial intermediary
PG Crédit Mutuel Nord Europe PME I

Crédit Mutuel Nord Europe société coopérative
Crédit Professionnel SA

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 75 million of which EUR 50 million for France and EUR 25 million for Belgium
EUR 150 million
Location
Sector(s)
Description
Objectives

Financing for small and medium-scale productive ventures in the industrial, agricultural and service sectors in France and Belgium

Support for SME investment in the above-mentioned fields

Environmental aspects
Procurement

Compliance with EU Directives and national regulations on environmental protection is required.

EIB procurement guidelines for global loans will be applied.

Link to source

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).

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Alternatively, the EIB can be contacted through its external offices.
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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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