Release date: 17 September 2020
Promoter – Financial Intermediary
ACCEPTABLE BANK(S),RAIFFEISEN BANK INTERNATIONAL AGLocation
Description
Funding line to Raiffeisen Bank International for the support of small and medium-sized enterprises (SMEs) and mid-caps affected by the COVID-19 crisis, mainly in Austria. The operation forms part of the EIB's economic response to the COVID-19 pandemic crisis.
Objectives
Financing of small/medium projects carried out by small and medium-sized enterprises (SMEs).
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 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 - 13/08/2020
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).