Release date: 30 January 2002
Promoter – Financial Intermediary
Small and medium sized companies (SME) mainly located in Objective 1 assisted areas.Location
Description
Projects of limited size (investment costs between EUR 40.000 and EUR 25m) carried out by small and medium sized companies (SME).
Objectives
DB offers a deep market penetration through a high number of regional offices and retail outlets. During the last years, the number of banks which cooperate with the EIB in the GL-business increased significantly in Germany, thus enhancing competition for the financing of eligible projects, resulting in better service for the final beneficiaries and lower financing costs.
Sector(s)
Proposed EIB finance (Approximate amount)
up to EUR 200 million
Total cost (Approximate amount)
up to EUR 400 million
Environmental aspects
Only projects are supported which satisfy current national and EU-wide environmental law.
Procurement
Procurement procedures applied by the promoter are in compliance with European Directives 93/36 and 93/37 on procurement integrated into the national legislation.
Status
Signed - 3/05/2002
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).