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Reference: 20120638
Release date: 28 January 2013

Promoter – Financial Intermediary

CEC BANK SA

Location

Description

Financing of small and medium-scaled ventures carried out by SMEs, Mid-Caps and public sector entities intermediated through CEC Bank in Romania.

Objectives

Improving access to term finance at favourable conditions.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 45 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 - 26/06/2013

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).

Related tags

Romania Credit lines