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    Signature(s)

    Amount
    € 100,000,000
    Countries
    Sector(s)
    Spain : € 100,000,000
    Credit lines : € 100,000,000
    Signature date(s)
    4/07/2011 : € 100,000,000

    Summary sheet

    Release date
    4 February 2011
    Status
    Reference
    Signed | 04/07/2011
    20100657
    Project name
    Promoter - financial intermediary
    Banca March SMEs & Other Priorities

    Banca March SA

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 100 million
    Not applicable
    Location
    Sector(s)
    Description
    Objectives

    Loan for financing small and medium-sized projects carried out primarily by SMEs (at least 70%), as well as by local authorities and mid-cap enterprises up to 30% of the loan amount.

    At least 70% of the loan amount will be used for the financing of SMEs. Up to 30% of the total amount could be used in small investment projects in eligible sectors carried out by public sector authorities and/or mid-cap enterprises (up to 3,000 employees).

    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.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    News & Stories

    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 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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