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Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Croatia : € 50,000,000
Credit lines : € 50,000,000
Signature date(s)
21/12/2020 : € 50,000,000
Link to source

Summary sheet

Release date
6 January 2021
Status
Reference
Signed | 21/12/2020
20200475
Project name
Promoter - financial intermediary
ZABA COVID19 LOAN FOR SMES & MIDCAPS
ZAGREBACKA BANKA DD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
not applicable
Location
Sector(s)
Description
Objectives

Funding line to ZAGREBACKA BANKA DD under the EU Programme Loan Response to COVID 19 Crisis for the support of small and medium-sized enterprises (SMEs) and mid-caps mainly in Croatia.

Operation dedicated to supporting working capital and liquidity needs of SMEs and mid-caps affected by the COVID-19 pandemic. The proposed loan is part of the EIB contribution, in cooperation with Member States and the EC, in mitigating the negative economic impact for SMEs and mid-caps associated with the spread of COVID-19.

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.

Related projects
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.

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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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