Release date: 16 November 2015
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
Loan for financing small and medium-sized investments promoted by small and medium-sized enterprises (SMEs) and mid-caps mainly in Spain.
Objectives
The loan aims to increase the supply of funding to SMEs in order to meet credit needs, facilitate SME access to longer-term finance at attractive terms and promote employment creation and economic growth.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Bank will require that projects financed under this operation comply with domestic and applicable EU legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with domestic and applicable EU legislation, as appropriate.
Status
Signed - 17/02/2016
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).