Release date: 4 May 2015
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
EIB loan under the EU Programme loan 2015 to channel Instituto de Crédito Oficial (ICO) funding to small and medium-sized enterprises (SMEs) via targeted regional lending, in collaboration with the Spanish regions
Objectives
INSTITUTO DE CREDITO OFICIAL (ICO) is the financial agency of the Spanish state. Projects to be financed under the facility will be in the sectors of industry, services, energy diversification, efficiency and health & education.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 250 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with EU applicable legislation, where applicable.
Status
Signed - 27/05/2015
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).