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Signature(s)

Amount
€ 20,000,000
Countries
Sector(s)
Lithuania : € 20,000,000
Credit lines : € 20,000,000
Signature date(s)
20/12/2007 : € 20,000,000
Link to source

Summary sheet

Release date
25 October 2007
Status
Reference
Signed | 20/12/2007
20070043
Project name
Promoter - financial intermediary
SEB Vilniaus Bankas Mid-Cap

AB SEB Vilniaus Bankas
Gedimino av. 12, LT-01103 Vilnius

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 20 million.
Not applicable.
Location
Sector(s)
Description
Objectives

Mid-cap credit line for the financing of investment projects of up to EUR 50 million, promoted by medium-sized companies (mid-caps), employing less than 3000 persons.

The proposed credit line will contribute to promote medium and long-term lending for capital investment with a positive impact on regional development, energy, protection of the environment and development of a knowledge-based economy.

Environmental aspects
Procurement

Compliance with EU Directives and national environmental legislation will be made a condition for each sub-project under the mid-cap credit line.

Compliance with EU Directives and national procurement legislation, where applicable, will be made a condition for each sub-project under the mid-cap credit line.

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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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.
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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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