Release date: 29 September 2009
Promoter – Financial Intermediary
AS Parex bankaLocation
Description
EIB credit line for financing of small and medium-sized projects carried out by SMEs in Latvia.
Objectives
Financing of investments of small/medium scale in the areas of industry, transport, environmental protection, energy, infrastructure, services and knowledge-based economy.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 23/03/2010
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).