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WB COVID19 RESPONSE FOR SME MIDCAPS PROGRAM LOAN

has announced on 14 May 2020 that is accepting bids for the following project: WB COVID19 RESPONSE FOR SME MIDCAPS PROGRAM LOAN.

The tender will take place in Albania and will cover the industry.

The value of this project has not been disclosed by the donor and you can apply until Deadline date

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Bellow you can find more information about the tender description and the bidding procedure.

General information
Donor:
Not available
Industry:
Not available
Status:
Accepting bids
Value:
Not available
Timeline
Published:
14 May 2020
Deadline:
Not available
Contacts
Name:
Not available
Phone:
Not available
Email:
Not available
Description
https://www.eib.org/en/projects/pipelines/all/20200332
Reference: 20200332
Release date: 14 May 2020

Promoter – Financial Intermediary

ACCEPTABLE BANK(S)

Location

  • Albania
  • Bosnia and Herzegovina
  • Kosovo*
  • Montenegro
  • North Macedonia
  • Serbia

Description

The project consists of a programme loan (PL) to support working capital and liquidity needs of SMEs and midcaps in the six Western Balkans countries. The PL is part of the EIB economic response to the COVID-19 outbreak.

Objectives

The aim is to mobilise financial resources to mitigate the impact of the COVID-19 pandemic on SMEs and midcaps in the six Western Balkans countries. Sub-operations will be loans for the target beneficiaries to be made available through eligible financial intermediaries in each country.

Sector(s)

  • Credit lines - Credit lines

Proposed EIB finance (Approximate amount)

EUR 400 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 - 26/06/2020

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