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Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Spain : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
6/09/2004 : € 200,000,000
Link to source

Summary sheet

Release date
21 January 2004
Status
Reference
Signed | 06/09/2004
20030572
Project name
Promoter - financial intermediary
Santander Central Hispano (Global Loan VI)
Santander Central Hispano S.A. (SCH).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 m. The EIB funding would represent up to 50% of individual allocations and about 33% of the total investment in projects.
Approximately EUR 600m.
Location
Sector(s)
Description
Objectives

The global loan will be used to finance projects of limited scale promoted by SMEs, mainly in industry, tourism and services but also in infrastructure, environmental protection and improvement, energy, health, education, housing, innovation and the development of the information society.

The project will contribute to support investments of SMEs in Spain. At least 70% of the global loan funds will be allocated to projects in Objective 1 and 2 areas.

Environmental aspects
Procurement

In accordance with the Bank’s global loans policy, SCH will ensure that national legislation and EU directives will be applied as regards environmental protection.

In accordance with the Bank’s global loan policy, SCH will ensure that national legislation and EU tendering directives are applied.

Comments

Industry, services, tourism, infrastructure, energy, environ-mental protection and improvement, health, education, housing, innovation and the development of the information society.

Link to source
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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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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