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Reference: 20140291
Release date: 19 June 2014

Promoter – Financial Intermediary

CIBANK JSC

Location

Description

Loan for SMEs (min 70%) and Mid-caps (max 30%) in agriculture, industry and services

Objectives

Financing of small, medium-sized and larger projects promoted by SMEs and Mid-Caps in eligible sectors in Bulgaria

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 - 8/01/2016

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

Bulgaria Credit lines