Signature(s)
Amount
€ 500,000,000
Countries
Sector(s)
Spain
: € 500,000,000
Credit lines
: € 500,000,000
Signature date(s)
23/05/2017 : € 500,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
2 March 2017
Status
Reference
Signed | 23/05/2017
20170014
Project name
Promoter - financial intermediary
BANKIA LOAN FOR SMES & MIDCAPS V
BANKIA SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
Not applicable.
Location
Sector(s)
Description
Objectives
Dedicated EIB loan to finance small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) (minimum 70% of total loan amount) and mid-caps (up to 30% of total amount) in Spain
To facilitate SME and mid-cap access to long-term financing at attractive terms. Many of the allocated loans will fund investments covered under the SME Initiative signed in Spain.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Link to source
Summary sheet
Other links
Data sheet