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    Reference: 20170219
    Release date: 10 October 2018

    Promoter – Financial Intermediary

    ACCEPTABLE BANK(S)

    Location

    Description

    EIB loan to Instituto de Crédito Oficial (ICO), a state-owned bank, attached to the Ministry of Economy and Business, will finance Spanish small and medium-sized enterprises (SMEs) in their internationalisation activities.

    Objectives

    The operation aims at enhancing access to finance to SMEs in the country.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 300 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    The EIB will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.

    Procurement

    The EIB will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.

    Status

    Signed - 12/07/2019

    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).

    Related tags

    Spain Credit lines