LRS - EU LE RISK SHARING INSTRUMENT

Promoteur – Intermédiaire Financier

ACCEPTABLE BANK(S)

Lieu

• Pays de l’UE

Description

The project consists in a Lending Envelope (LE) for new risk sharing operations in EU Member States. Sub-operations will be intermediated risk sharing operations with acceptable Financial Institutions such as banks, leasing companies and other eligible entities.

Additionality and Impact

The Lending Envelope ("LE") addresses the underlying market failure in access to finance faced by Final Beneficiaries due to information asymmetries and credit risk considerations on the side of the Financial Intermediaries. Given the ongoing economic uncertainty exacerbated by muted growth prospects in the EU, persistent inflation, energy insecurity, supply chain challenges and geopolitical instability the proposed risk sharing operations may alleviate some of the pressures EU economies face and therefore contribute to job security and job creation in the EU. As evidenced by the respective operations approved and signed under the existing PL, the EIB is uniquely positioned to further continue with an EU-wide LRS product across different geographies and currencies, and allows for higher risk operations to be included under the scope of the guarantee in order to maximize the positive impact on the economy and supporting the green transition.

Objectifs

The aim is to enhance access to finance to mid-cap companies and public sector entities across the EU.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 2000 million

Coût total (montant approximatif)

EUR 5600 million

Aspects environnementaux

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Passation des marchés

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Statut

Approuvé - 15/04/2024