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Signature(s)

Amount
€ 40,000,000
Sector(s)
Credit lines : € 40,000,000
Signature date(s)
14/07/2005 : € 40,000,000
Link to source

Summary sheet

Release date
17 May 2005
Status
Reference
Signed | 14/07/2005
20050250
Project name
Promoter - financial intermediary
Corporacion Andina de Fomento (CAF) – Global Loan II
Corporacion Andina de Fomento (CAF)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 40 million.
Not applicable.
Description
Objectives

The proposed line of credit will be targeted to part-finance projects in various sectors of the economy and bearing a European interest.

Provide CAF with long term ressources in order to support eligible projects and help diversify its present sources of funding.

Environmental aspects
Procurement

All sub-projects financed under the proposed global loan will be required to comply with the relevant national legal framework, to be acceptable in environmental terms to EIB.

The procurement of works, goods and services relating to the sub-projects shall follow apppropriate procedures and be acceptable to EIB.

Comments

Various sectors of the economy with a bias towards infrastructure fostering regional integration.

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).

News & Stories

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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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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