Release date: 21 September 2015
Promoter – Financial Intermediary
JSC BANK REPUBLICLocation
Description
The loan is dedicated to the financing of SMEs and Mid-Caps engaging in trade and commerce in Georgia.
Objectives
The proposed operation aims to provide attractive financing to SMEs and Mid-Caps in Georgia engaging in trade and commerce.
Comments
This operation is covered by the EU Political Risk Guarantee for EIB loans outside the EU.
Sector(s)
- Credit lines - Credit lines
Under ELM Guarantee
This operation is covered by the ELM Political Risk Guarantee.
Proposed EIB finance (Approximate amount)
EUR 23 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national legislation, EU legislation or EIB standards and principles, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national legislation, EU legislation or EIB standards and principles, as appropriate.
Status
Signed - 25/05/2016
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).