Release date: 31 May 2012
Promoter – Financial Intermediary
ERSTE BANK AD NOVI SADLocation
Description
Loan for financing small and medium scale projects promoted by SMEs and small Mid-caps, projects promoted by local authorities and final beneficiaries of any size of investment of limited scale in the fields of knowledge economy, energy, environment protection, industry, health, education, and services.
Objectives
Improving access to term finance at favourable conditions.
Comments
EIB Loan for SMEs, small Mid-Caps and Priority Lending. Total project cost up to 100 million - EIB financing is for up to 100 % of project costs for SMEs and small Mid-Caps and 50% for other Final Beneficiaries.
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 - 9/11/2012
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).