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Finally, while we have avoided the selective listing of individual investments by private enterprises, we wish to signal the existence of several potential investments that could be
unlocked/facilitated by a less restrictive policy of the European Investment Bank (either directly or as a result of the use of EU funds) with regard to – for example - the following issues:
Limited risk capacity/appetite, often forcing them to be more conservative than many of the large commercial banks.
Limited (EU supported) EIB firepower for innovative/growth companies in the Midcap category, and only for loan amounts until 25 mln. No EIB appetite or even eligibility for loan
amounts between 25 and 70 mln. This is a very important size-category for Midcaps or companies just beyond the Midcap limits, in particular for growth and innovation, who are
often in real need of medium term financing from the EIB.
A rigid model for the loan agreement, which in some cases makes it hard to co-finance projects together with local banks, including promotional banks, or under certain state
guarantees.
Restrictive sector policies, for example in transport, even where EIB financing is highly additional to private financing possibilities.
Demanding requirements for intermediaries, for example with regard to reporting and the definition of certain eligible client categories (eg. SME’s)
unlocked/facilitated by a less restrictive policy of the European Investment Bank (either directly or as a result of the use of EU funds) with regard to – for example - the following issues:
Limited risk capacity/appetite, often forcing them to be more conservative than many of the large commercial banks.
Limited (EU supported) EIB firepower for innovative/growth companies in the Midcap category, and only for loan amounts until 25 mln. No EIB appetite or even eligibility for loan
amounts between 25 and 70 mln. This is a very important size-category for Midcaps or companies just beyond the Midcap limits, in particular for growth and innovation, who are
often in real need of medium term financing from the EIB.
A rigid model for the loan agreement, which in some cases makes it hard to co-finance projects together with local banks, including promotional banks, or under certain state
guarantees.
Restrictive sector policies, for example in transport, even where EIB financing is highly additional to private financing possibilities.
Demanding requirements for intermediaries, for example with regard to reporting and the definition of certain eligible client categories (eg. SME’s)
