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ALLIED IRISH BANK LOAN FOR SME I

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Ireland : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
25/03/2009 : € 100,000,000
Link to source

Summary sheet

Release date
17 December 2008
Status
Reference
Signed | 25/03/2009
20080660
Project name
Promoter - financial intermediary
Allied Irish Bank Loan for SMEs I

Allied Irish Bank

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million.
Not applicable.
Location
Sector(s)
Description
Objectives

The proposed operation is specifically dedicated to the financing of small and medium sized enterprises.

To provide an alternative source of funding for financial institutions to enhance their SME lending.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.

Final beneficiaries will be requested to comply with EU Directives, insofar as applicable.

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).

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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