Signature(s)
Amount
€ 350,000,000
Countries
Sector(s)
Spain
: € 250,000,000
Credit lines
: € 350,000,000
Signature date(s)
10/07/2020 : € 100,000,000
8/06/2020 : € 250,000,000
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Summary sheet
Release date
15 May 2020
Status
Reference
Signed | 08/06/2020
20200309
Project name
Promoter - financial intermediary
SANTANDER COVID-19 RESPONSE FOR SMES & MIDCAPS
BANCO SANTANDER SA,SANTANDER CONSUMER FINANCE SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 350 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a multi-beneficiary intermediated loan (MBIL) to facilitate lending to SMEs and midcaps that have been affected by the Covid-19 pandemic.
The aim is enhancing access to loan financing for the target beneficiaries.
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.
Related projects
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News & Stories
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