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BANKOA LOAN FOR SMES &OTHER PRIORITIES

Signature(s)

Amount
€ 75,000,000
Countries
Sector(s)
Spain : € 75,000,000
Credit lines : € 75,000,000
Signature date(s)
16/01/2013 : € 35,000,000
10/02/2011 : € 40,000,000
Link to source
Data sheet
BANKOA LOAN FOR SMES &OTHER PRIORITIES
Other links
Summary sheet
Bankoa Loan For SMEs & Other Priorities

Summary sheet

Release date
25 October 2010
Status
Reference
Signed | 10/02/2011
20100364
Project name
Promoter - financial intermediary
Bankoa Loan For SMEs & Other Priorities

Bankoa S.A.

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 75 million.
Not applicable.
Location
Sector(s)
Description
Objectives

Dedicated loan for the financing of projects of limited scale carried out primarily by SMEs (at least 70%), as well as by local authorities and mid-cap enterprises.

By improving access to term finance at favourable conditions, the loan supports projects undertaken by SMEs operating in different sectors of industry and services but also in those falling under the scope of the Bank’s knowledge economy initiative. It will also support projects carried out by mid-cap enterprises and by local authorities in convergence regions.

Environmental aspects
Procurement

The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.

The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, where applicable.

Link to source
Summary sheet
Bankoa Loan For SMEs & Other Priorities
Other links
Data sheet
BANKOA LOAN FOR SMES &OTHER PRIORITIES

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.

Media enquiries

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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