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2013-08-15 00:00:00
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Promoter – Financial Intermediary
ZAO Raiffeisenbank
Location Russian Fed.
Description
A dedicated EIB loan to finance projects promoted by SMEs and Mid-Caps in Russia through Raiffeisen Banking Group's subsidiary in the Russian Federation. Projects in fields considered as priority under the Mandate (i.e. local private sector development, development of social and economic infrastructure, and climate change mitigation and adaptation) carried out by eligible promoters of any size can also be funded, provided that financing thereto does not exceed 30% of the overall EIB loan amount. Objectives
Improving access to term finance at favourable conditions. Comments Sector(s)
Services
Proposed EIB finance (Approximate amount)
EUR 40 million Total cost (Approximate amount)
EUR -1 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
Under appraisal - 30/07/2013. Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).
Source of article: www.eib.org
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