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Reference: 20130225
Release date: 19 August 2013

Promoter – Financial Intermediary

Not disclosed

Location

Description

Loan for SMEs and Midcaps in favour of a local commercial bank in Malawi targeting investments in export industries with an emphasis on the agricultural sector.

Objectives

Financing of small/medium sized projects carried out by local exporters, primarily in the agricultural sector.

Sector(s)

Proposed EIB finance (Approximate amount)

Not disclosed.

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 - 12/11/2013

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

Malawi Credit lines