Release date: 5 July 2007
Promoter – Financial Intermediary
SG Equipment Finance Czech Republic s.r.o. (SGEF).Location
Description
Financing of mainly small- and medium-scale projects according to the Bank’s eligibility criteria (incl. health, education and urban renewal), industry, services, tourism, or projects enhancing the knowledge-based economy in the Czech and Slovak Republics.
Objectives
The global loan would contribute to the development of term- finance. Through the financial intermediary, the global loan would provide long-term funding for eligible projects promoted notably by SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 80 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The financial intermediary will be requested to ensure compliance of the sub-projects with EU Directives, as appropriate.
Procurement
The financial intermediary will be requested to ensure compliance of the sub-projects with EU Directives, in particular for the award of public sector contracts, as appropriate.
Status
Signed - 6/12/2007
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).