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Reference: 20080398
Release date: 27 November 2008

Promoter – Financial Intermediary

Dexia Banka Slovensko AS

Location

Description

Dedicated credit line for financing municipal projects in the Slovak Republic.

Objectives

The credit line would be fully in line with the Bank’s strategic objectives, in particular Economic and Social Cohesion/ Regional Development. Most of the funds will contribute to the country’s convergence with the EU, as they will be allocated to projects in assisted areas. The proposed operation is therefore eligible under Article 267 points (a) and (c) of the EC Treaty.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 50 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Within the framework of the credit line, the final beneficiaries will be requested to ensure compliance of the sub-projects with EU directives, as appropriate.

Procurement

Within the framework of the credit line, the final beneficiaries will be requested to ensure compliance of sub-projects with EU directives, in particular for the award of public sector contracts.

Status

Signed - 17/12/2009

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).

Related tags

Slovakia Credit lines