Release date: 4 April 2013
Promoter – Financial Intermediary
ING BANK NV AMSTERDAM - BUCHAREST BRANCH (ING BANK ROMANIA)Location
Description
Loan for SMEs, Mid-Caps, public sector entities and other types of private sector promoters to ING Bank Romania.
Objectives
Financing of small and medium-sized projects carried out by small and medium-sized enterprises, Mid-caps, public sector entities and other beneficiaries in EIB eligible sectors of the economy. Improving access to term finance at favourable conditions.
Comments
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 40 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The financial intermediary will undertake to promote compliance of the sub-projects with relevant national and EU law as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 19/07/2013
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).