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Reference: 20020124
Release date: 12 June 2002

Promoter – Financial Intermediary

Raiffeisenbank (Bulgaria) AD.

Location

Description

Small- and medium-scale projects in the field of environmental protection, energy savings, infrastructure, industry, services or tourism in Bulgaria.

Objectives

The Bank's global loan would allow Raiffeisenbank to increase and diversify its long-term funding sources and to step up its longer-term financing of eligible projects promoted notably by SMEs or local municipalities.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to EUR 10 mio.

Total cost (Approximate amount)

Minimum EUR 20 mio.

Environmental aspects

Within the framework of the global loan, the Borrower will be requested to ensure compliance of the sub-projects with EU directives, as appropriate.

Procurement

Within the framework of the global loan, the Borrower will be requested to ensure compliance of the sub-projects with EU directives, in particular for the award of public sector contracts, as may be appropriate.

Status

Signed - 25/10/2002

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).

Related tags

Bulgaria Credit lines