Release date: 26 February 2024
Promoter – Financial Intermediary
GEFA BANK GMBHLocation
Description
The operation will enable Gefa Bank to support small and medium sized enterprises (SMEs) and mid-caps in Germany and potentially in other EU Member States, with a Climate Action and Environmental Sustainability (green) window.
Objectives
The aim is to improve access to finance to the final beneficiaries.
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
Under appraisal - 2/02/2024
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).