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    Reference: 20180455
    Release date: 28 September 2018

    Promoter – Financial Intermediary

    BANKIA SA,ACCEPTABLE BANK(S)

    Location

    Description

    The credit line to the selected intermediaries in Spain aims at increasing access to finance of the self-employed, small and medium sized enterprises (SMEs) and Mid-Caps active in the agriculture sector and its value chain, in collaboration with the Spanish Ministry of Agriculture, Fishery and Food.

    Objectives

    Loans provided by the intermediaries will finance small/medium investments projects carried out by the final beneficiaries, which will boost economic growth and employment.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 400 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Status

    Signed - 19/11/2018

    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