The European Investment Fund (EIF) announced the launch of the Call for Expression of Interest to financial intermediaries which will manage the funded financial instrument with an embedded risk sharing element in the framework of the JEREME Initiative. The deadline for submitting expressions of interest is September 28, 2012.
The Call for Expression of Interest is directed to financial intermediaries (bank institutions), through which EIF, as a manager of the JEREMIE Holding Fund will invest a budget in amount of EUR 150m in SME in the form of loans with preferential interest rate conditions. The selected financial intermediaries will have to build portfolios of SME loans, adhering to the eligibility conditions described in the call.
The full text of the Call along with the templates for expressing an interest could be seen here.
Until no later than 24/08/2012, the Applicants may request clarifications regarding the Call for Expression of Interest at email@example.com.