Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
Spain
: € 100,000,000
Credit lines
: € 100,000,000
Signature date(s)
27/01/2015 : € 100,000,000
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Summary sheet
Release date
2 July 2015
Status
Reference
Signed | 27/01/2015
20140545
Project name
Promoter - financial intermediary
MICROBANK LOAN FOR MICROFINANCE INITIATIVES II
NUEVO MICRO BANK SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
Not applicable.
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
Loan to the financial intermediary MICROBANK S.A. under the EU Programme Loan for SMEs and Mid-Caps.
EIB loan under the EU Programme Loan for micro-financing projects promoted by very small and medium-sized enterprises (SMEs) and entrepreneurs, mainly in Spain.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Related projects
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Related press
News & Stories
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