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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Bulgaria : € 20,000,000
Romania : € 30,000,000
Credit lines : € 50,000,000
Signature date(s)
28/12/2011 : € 10,000,000
3/06/2014 : € 10,000,000
22/12/2011 : € 30,000,000
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Summary sheet

Release date
13 September 2011
Status
Reference
Signed | 22/12/2011
20110142
Project name
Promoter - financial intermediary
Sogelease RO-BG Loan for SMEs & MIDCAP

BRD Sogelease IFN SA
Sogelease Bulgaria EOOD

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 50 million
Not applicable
Location
Sector(s)
Description
Objectives

Financing of small and medium-scale ventures carried out by SMEs (including micro enterprises) and medium-sized companies in the fields of agriculture, industry and services in Bulgaria and Romania.

Improving access to term finance at favourable conditions for SMEs and medium-sized companies.

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with the relevant applicable EU and national legislation.

Final beneficiaries will be requested to comply with the relevant applicable EU and national legislation.

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).

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 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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