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Reference: 20150140
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)

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).

Related tags

Spain Credit lines