The Bank is supporting small businesses in Spain more than ever.
Signature(s)
Inside the project
How and Why
A much-needed support
Why
- Catalonia represents 19% of total Spanish GDP
- With over 625 000 small businesses, Catalonia is the region with the highest number of small businesses, representing 18.4% of Spanish SMEs.
- Catalan small businesses struggled because of the COVID-19 downturn and needed support to keep going.
How
- EIB’s loan accelerates the deployment of ICF support at favourable conditions to a wider spectrum of small companies
Sectors & Countries
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By receiving this loan, we have been able to keep paying salaries and cover other commitments, despite the drop in projects.
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