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Reference: 20170451
Release date: 10 August 2017

Promoter – Financial Intermediary

OBERBANK AG

Location

Description

Loan dedicated to the financing of small and medium-scale projects in eligible sectors, to be carried out primarily by small and medium-sized enterprises (SMEs) and mid-caps. The projects will be located mainly in Austria as well as in other countries of Central and Eastern Europe, such as Germany, Slovakia, the Czech Republic and Hungary.

Objectives

The operation will improve access to term finance at favorable conditions via the financing of projects carried out by SMEs, mid-caps and public sector entities.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 100 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 - 30/11/2017

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

Austria EU Countries Credit lines