Release date: 19 May 2016
Promoter – Financial Intermediary
LANDWIRTSCHAFTLICHE RENTENBANK, ACCEPTABLE BANK(S)Location
Description
Loan for SMEs for Rentenbank's promotional programmes dedicated to SME financing.
Objectives
Financing of small projects carried out by SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
In accordance with the Bank's policy to ensure that sub-loans comply with the EU acquis, in particular in the fields of environment and public procurement, the Bank will require such intermediary institution to take all the requisite measures to ensure that the environment and procurement procedures carried out by the final beneficiaries for the sub-projects that the Bank finances will comply with the relevant EU legislation and the applicable national legislation, provided that it is in conformity with EU rules.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 22/07/2016
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).