Release date: 3 March 2009
Promoter – Financial Intermediary
Marfin Egnatia Bank S.A.
Location
Description
Line of credit to support the development of small and medium sized companies and small and medium sized projects in industry, tourism, services, infrastructure, energy, environmental protection, health & education in Greece.
Objectives
Financing of investments of small/medium scale by small and medium sized enterprises, local authorities or municipal companies or promoters of any size.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 80 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
All investment financed under the proposed credit line will be required to comply with the relevant legal framework in Greece and to be acceptable in environmental term to EIB, in line, as appropriate, with EU environmental policy and legislation.
Procurement
EIB’s standard procurement guidelines applicable to SME Loans will apply.
Status
Signed - 27/05/2009
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).