Release date: 25 July 2024
Promoter – Financial Intermediary
HRVATSKA POSTANSKA BANKA DDLocation
Description
The operation is structured as multiple beneficiary intermediated loan (MBIL) to Croatian Postal Bank (HPB) to support the working capital needs and energy transition of Croatian small and medium-sized enterprises (SMEs) and mid-caps.
Objectives
The aim is to enhance access to finance to eligible SMEs and mid-caps in the country and support their investments. At least 30% of the facility will be dedicated to finance climate action and environmental sustainability projects, whilst the entire lending line will bear fully Cohesion target being the entire national territory eligible.
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
Approved - 21/08/2024
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).