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BFCM COVID19 CRISIS RESPONSE FOR SME&MIDCAP MBIL

Signature(s)

Amount
€ 350,000,000
Countries
Sector(s)
France : € 350,000,000
Credit lines : € 350,000,000
Signature date(s)
17/06/2020 : € 350,000,000

Summary sheet

Release date
20 April 2020
Status
Reference
Signed | 17/06/2020
20200271
Project name
Promoter - financial intermediary
BFCM COVID19 CRISIS RESPONSE FOR SME&MIDCAP MBIL
BANQUE FEDERATIVE DU CREDIT MUTUEL
Proposed EIB finance (Approximate amount)
EUR 350 million
Location
Sector(s)
Description
Objectives

The project consists of a Multi-Beneficiary Intermediated Loan (MBIL) to support a new portfolio of loans to small and medium sized enterprises (SMEs) and midcaps affected by the Covid19 crisis in France.

The operation will enable to enhance access to finance for the target beneficiaries.

Environmental aspects
Procurement

Final beneficiaries need to comply with EU and national legislation.

Final beneficiaries need to comply with EU and national legislation.

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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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