Reference:
20060571
Release date: 26 July 2007
Release date: 26 July 2007
Promoter – Financial Intermediary
Banco Bilbao Vizcaya Argentaria (BBVA)Location
Description
The credit line will be used to finance projects of limited scale promoted by SMEs in different sectors of industry and services aiming the increase of productivity and competitiveness of the final beneficiaries.
Objectives
The project will contribute to support investments of SMEs in Spain.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million. The EIB funding would represent up to 50% of individual allocations.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
In accordance with the Bank’s credit line policy, BBVA will ensure that national legislation and EU directives will be applied as regards environmental protection.
Procurement
In accordance with the Bank’s credit line policy, BBVA will ensure that national legislation and EU tendering directives are applied.
Status
Signed - 5/11/2007