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SG BG-RO LOAN FOR SMES AND MID-CAPS

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Bulgaria : € 100,000,000
Romania : € 100,000,000
Credit lines : € 200,000,000
Signature date(s)
25/06/2013 : € 100,000,000
24/09/2013 : € 100,000,000
Link to source

Summary sheet

Release date
20 April 2012
Status
Reference
Signed | 25/06/2013
20120024
Project name
Promoter - financial intermediary
SG BG-RO LOAN FOR SMES AND MID-CAPS
BRD - GROUPE SOCIETE GENERALE SASOCIETE GENERALE EXPRESSBANK
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
Not applicable.
Location
Sector(s)
Description
Objectives

Loans for SMEs (Mid-Caps) and other priorities to Société Générale's banking subsidiaries in Bulgaria (SG Expressbank AD, for up to EUR 100 m) and Romania (BRD - Groupe Société Générale SA, also for up to EUR 100 m). The loan to SG Expressbank AD would, amongst others, be used to co-finance investments supported by JESSICA.

Financing of small/medium-sized projects carried out by Small and Medium-sized Enterprises, Mid-Caps and other beneficiaries.

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

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).

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