Release date: 17 June 2020
Promoter – Financial Intermediary
BPCELocation
Description
The operation, part of the EIB response to the COVID-19 pandemic outbreak, will provide financial resources to support SMEs and miidcaps in France affected by the current crisis.
Objectives
The aim is to enhance access to finace for small/medium projects carried out by the target beneficiaries.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 150 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 - 30/10/2020
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).