Release date: 4 November 2013
Promoter – Financial Intermediary
ERSTE & STEIERMAERKISCHE BANK DDLocation
Description
Dedicated loan for SMEs. Some 90% of the total loan amount will finance SME and midcap investments. The balance could finance eligible projects under the Bank's infrastructure, knowledge economy, energy and environment objectives.
Objectives
Financing of small/medium projects carried out by SMEs, and possibly midcaps, as well as other public and private promoters of eligible investments (see above).
Comments
Sector(s)
- Credit lines - Credit lines
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 - 20/05/2014
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).