Signature(s)
Summary sheet
Industrial Development Corporation of South Africa (IDC)
Line of credit for on-lending to private sector small and medium sized South African companies.
Improve the availability of long-term funding in order to help the SMEs to develop and expand their operations, and hence create employment.
The financial intermediary will be requested to ensure compliance of the sub-projects with both national standards and international recommendations in the field of environment and the protection of nature conservation sites, as appropriate.
The financial intermediary will be requested to ensure compliance of the sub-projects with the Bank’s procurement guidelines, as appropriate.
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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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