Release date: 15 December 2011
Promoter – Financial Intermediary
INVESTMENT AND DEVELOPMENT FUND OF MONTENEGRO JSCLocation
Description
Loan for financing small and medium-sized projects carried out primarily by SMEs as well as Local Authorities.
Objectives
Give access to long-term funding at affordable interest rates pimarily to small and medium sized enterprises as well as local authorities.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 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 - 10/10/2012
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).