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ESB LOAN FOR SMES & MID-CAP II

Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Croatia : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
27/10/2011 : € 50,000,000
21/12/2012 : € 50,000,000
Link to source
Data sheet
ESB LOAN FOR SMES & MID-CAP II
Other links
Summary sheet
ESB Loan for SMEs and MID-CAP II

Summary sheet

Release date
8 December 2010
Status
Reference
Signed | 27/10/2011
20100583
Project name
Promoter - financial intermediary
ESB Loan for SMEs and MID-CAP II

ERSTE & Steiermarkische Bank d.d.

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

Loan for SMEs with a Mid-cap tranche for financing SME and medium-sized companies projects (including projects in the field of tourism), small and medium scale infrastructure projects promoted by local authorities and any size industrial investment in the fields of the Knowledge Economy, energy and environmental protection. It is expected that grant schemes provided by the European Commission under the Energy Efficiency Finance Facility will be included in the loan.

Long term financing at affordable interest rates for SME and intermediate-sized companies projects, small and medium scale infrastructure projects promoted by local authorities and any size industrial investment in the fields of Knowledge Economy, energy and environmental protection.

Environmental aspects
Procurement

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

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

Link to source
Summary sheet
ESB Loan for SMEs and MID-CAP II
Other links
Data sheet
ESB LOAN FOR SMES & MID-CAP II

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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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