Release date: 11 July 2018
Promoter – Financial Intermediary
INVESTITIONSBANK DES LANDES BRANDENBURGLocation
Description
The operation consists of a loan provided to Investitionsbank des Landes Brandenburg (ILB), the German promotional bank, to increase access to finance for innovative small and medium-sized enterprises (SMEs) and Mid-Caps in Brandenburg, Germany.
Objectives
Loans, which will be provided by ILB, will have to support small/medium investments projects undertaken by innovative enterprises.
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 - 8/05/2019
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).