Signature(s)

Amount
€ 30,000,000
Countries
Sector(s)
Estonia : € 30,000,000
Credit lines : € 30,000,000
Signature date(s)
24/11/2003 : € 30,000,000
Link to source

Summary sheet

Release date
2 September 2003
Status
Reference
Signed | 24/11/2003
20030100
Project name
Promoter - financial intermediary
Hansabank Regional Global Loan III
AS Hansapank
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 30 million
Minimum EUR 60 million
Location
Sector(s)
Description
Objectives

Financing of small- and medium-scale projects in the field of environmental protection, energy savings, infrastructure, industry, services or tourism.

The global loan would contribute to the development of term finance in the Baltic States. Through the financial intermediary, the global loan would provide long-term funding for eligible projects promoted notably by SMEs or local municipalities.

Environmental aspects
Procurement

The financial intermediary will be requested to ensure compliance of the sub-projects with relevant national and EU Directives, as appropriate.

The financial intermediary will be requested to ensure compliance of the sub-projects with EU Directives, in particular for the award of public sector contracts, as appropriate.

Comments

Projects in various sectors.

Link to source

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