HELLENIC DEVELOPMENT BANK SA has floated a tender for Invitation for Expression of Interest to H.O. for the Access to a Collaboration with the Purpose of Providing Co-Financed Loans through the "Business Growth Fund" Portfolio. The project location is Greece and the tender is closing on 12 Apr 2024. The tender notice number is 218938-2023, while the TOT Ref Number is 81548776. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : Greece

Summary : Invitation for Expression of Interest to H.O. for the Access to a Collaboration with the Purpose of Providing Co-Financed Loans through the "Business Growth Fund" Portfolio

Deadline : 12 Apr 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 81548776

Document Ref. No. : 218938-2023

Competition : ICB

Financier : Self Financed

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

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Tender Details

The contract is signed with the EXOs as part of the Accession process with the aim of specifying the conditions under which the provision of co-financed investment loans and working capital from Financial Institutions will be implemented with the possibility of partial subsidization of the projectloan facility.

The Portfolio Fund "Business Growth Fund" has been created with funds from the Public Investment Program and with loan funds from the European Investment Bank to the Greek State. The establishment of the Portfolio Fund was implemented pursuant to the no. 21615/2023 (Official Gazette B' 1574/2023) of the Joint Ministerial Decision of the Minister of Finance, Deputy Minister of Development and Investments and Deputy Minister.

With the co-financing of the loans from the resources of the Portfolio Fund and private resources of EXOs at a rate of 40%-60% respectively (leverage factor 2, 5), resultsignificant leverage of public funds and an overall increase in liquidity in the market is lost, covering the financing gap in the best possible way.

This call for expressions of interest to Financial Organizations (FOs) to join a partnership, concerns the followingimerous Funds: I) Green Co-financing Loans II) Digitalization Co-Financing Loans and III) Liquidity Co-Financing Loans as follows:

I. Green Co-financing Loans Green Co-financing Loans)...
Document Type : Buyer profile
Reference Number : 247911/07.04.2023
Contract Type : Services
66113000 - Credit granting services
Authority Type : Utilities entity
Type of Procedure : Not applicable
Regulation : European Union
Bid Type : Not applicable
Doc Title : Credit granting services
Dispatch Date : 2023-04-07
Publish Date : 2023-04-12
Submission Date : 2024-04-12

Documents

 Tender Notice