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Signature(s)

Amount
€ 250,000,000
Countries
Sector(s)
Croatia : € 250,000,000
Credit lines : € 250,000,000
Signature date(s)
18/09/2012 : € 100,000,000
10/02/2012 : € 150,000,000
Link to source

Summary sheet

Release date
10 November 2011
Status
Reference
Signed | 10/02/2012
20110470
Project name
Promoter - financial intermediary
HBOR Loan for SMEs and Mid-caps III

Hrvatska banka za obnovu I razvitak (“HBOR”)

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 250 million including a Mid Cap tranche up to EUR 50 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.

Improving access to term finance at attractive conditions.

Environmental aspects
Procurement

Legal documentation will stipulate the obligation for financial intermediaries to ensure that projects financed under this loan are in line with relevant national and/or EU environmental legislation.

Legal documents oblige the borrower to ensure that equipment purchases, services and works are procured in compliance with Bank’s usual criteria.

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).

Documents

Non-Technical Summary (NTS) - HBOR LOAN FOR SMES AND MID-CAP III - Ilovac SHPP
Publication Date
23 Mar 2016
Document language
Main Topic
Lending
Document Number
65376285
Document Focus
Environmental Information
Project Number
20110470
Sector(s)
Regions
Countries
Publicly available
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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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