Signature(s)
Summary sheet
- Credit lines - Credit lines
The operation consists of multiple beneficiary intermediated loan (MBIL) to support small and medium-sized enterprises (SMEs) and mid-caps in France. 30% of the facility will be dedicated to climate action and environmental sustainability projects.
The aim is to enhance access to finance to the target beneficiaries, of which 80% located in Cohesion Regions.
The MBIL operation will support French SMEs and MidCaps, addressing important market failure preventing their access to finance especially given the current macroeconomic environment. The minimum 30% Climate Action and Environmental Sustainability component (CA&ES) as promoted by SMEs and MidCaps will help in contributing to EIB's lending priority objective. The proposed operation will contribute to the EIB Climate Strategy by boosting investments aimed at tackling Climate Change and by increase Climate Change awareness.
In addition, a transversal objective on improving access to finance in less developed and transition regions of France (cohesion areas) is marked considering the domestic and regional footprint on such areas of Credit Mutuel Arkea.
The Intermediary is an experienced EIB counterparty, able to properly allocate EIB funds to the targeted final beneficiaries, also with respect to the focus on the CA&ES component considering the proposed operation as the second Climate-dedicated project towards Arkea.
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.
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.
Related publications