Release date: 23 May 2023
Promoter – Financial Intermediary
BNP PARIBASLocation
Description
The project consists in a guarantee instrument to support new lending to small and medium sized enterprises (SMEs) and Midcaps in France.
Objectives
The aim is to enhance access to new loans for the target beneficiaries. At least 20% of the resources will be dedicated to Climate Action projects.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 119 million
Total cost (Approximate amount)
EUR 840 million
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 - 31/03/2023
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).