Release date: 13 May 2009
Promoter – Financial Intermediary
National Bank of Greece S.A.
Location
Description
Line of credit to support the development of small and medium sized companies in the fields of industry, tourism and services in Greece.
Objectives
The EIB involvement will generate positive effects, mainly in terms of availability of long duration funding but also in terms of overall financing costs, which will be particularly appreciated by small-sized promoters.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 250 million.
Environmental aspects
All investment financed under the proposed loan 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 Global Loans will apply.
Status
Signed - 26/06/2009
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).