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Reference: 20040302
Release date: 22 October 2004

Promoter – Financial Intermediary

Erste & Steiermärkische Bank
D.D. Rijeka

Location

Description

EIB financing will be made available to SMEs and private and public promoters targeted by the Bank’s Global Loan through the intermediation of the Financial Intermediary.

Objectives

Financing of eligible projects of limited size carried out by SMEs in Croatia and carried out by private and public sector promoters in Croatia.

Comments

SMEs and eligible projects of limited scale in the fields of infrastructure, environmental protection and improvement, the rational use of energy, health and education

Sector(s)

Proposed EIB finance (Approximate amount)

Up to EUR 40m

Environmental aspects

All investments financed under the proposed global loan will be required to comply with the relevant legal framework in Croatia and to be acceptable in environmental terms to the Bank, that is to be in line, to the extent possible, with EU environmental policy.

Procurement

The Bank will assure itself that all investments financed under the proposed Global Loan have been subject to fair and transparent tendering, in line with the bank's internal rules on procurement.

Status

Signed - 19/11/2008

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

Croatia Credit lines