Release date: 11 April 2007
Promoter – Financial Intermediary
KfW Group.Location
Description
The project concerns a guarantee operation under the Structured Finance Facility in the KfW SME-focused programme "Unternehmerkapital - Kapital für Arbeit und Investitionen".
Objectives
By the risk-sharing component the EIB would offer a particular value added by increasing the banking sector's capacity to take risk in "mature" mid-cap/SME sector, where due to the higher level of business risk, the availability of bank loans at favourable conditions under Basle II becomes increasingly difficult.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 150 million.
Total cost (Approximate amount)
EUR 300 million.
Environmental aspects
KfW will be required to confirm that applicable national and EU environmental protection rules are being followed for the sub-projects.
Procurement
KfW will be required to confirm that applicable national and EU procurement rules are being followed for the sub-projects.
Status
Signed - 1/02/2008
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).