Nbg Egf Risk Tender

DescriptionRisk-sharing instrument deployed under the European Guarantee Fund EGF for the support of mid-caps and large corporates in Greece that are active in sectors that are in line with the EIBs long-term mission innovation environment and intermediated small and medium-sized enterprises SME support and are affected by the COVID-19 pandemic.ObjectivesImprove access to finance for companies in Greece and namely at beneficial terms through the provision of capital relief and credit loss protection to the National Bank of Greece NBG on a portfolio of new eligible transactions.Proposed EIB finance Approximate amountEUR 150 millionTotal cost Approximate amountEUR 490 millionEnvironmental aspectsFinal beneficiaries will be required to comply with the applicable national and EU legislation as appropriate.ProcurementFinal beneficiaries will be required to comply with the applicable national and EU legislation as appropriate.StatusApproved - 30032021