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Reference: 20110201
Release date: 25 July 2011

Promoter – Financial Intermediary

KBC Group

Location

Description

The operation will be used to fund KBC Bank's SME investments in Belgium.

Objectives

To provide an alternative source of funding for financial institutions to enhance their SME lending.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 150 million

Total cost (Approximate amount)

Not applicable.

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 - 28/12/2011

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

Belgium Credit lines