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        ICO LOAN FOR SMES AND MIDCAPS V

        Signature(s)

        Amount
        € 1,000,000,000
        Countries
        Sector(s)
        Spain : € 1,000,000,000
        Credit lines : € 1,000,000,000
        Signature date(s)
        21/04/2015 : € 1,000,000,000
        Link to source
        Data sheet
        ICO LOAN FOR SMES AND MIDCAPS V
        Other links
        Summary sheet
        ICO LOAN FOR SMES AND MIDCAPS V

        Summary sheet

        Release date
        10 February 2015
        Status
        Reference
        Signed | 21/04/2015
        20140706
        Project name
        Promoter - financial intermediary
        ICO LOAN FOR SMES AND MIDCAPS V
        ACCEPTABLE BANK(S)
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 1000 million
        Not applicable.
        Location
        Sector(s)
        Description
        Objectives

        Loan for financing small and medium-sized investments promoted by small and medium-sized enterprises (SMEs) and Mid-Caps, mainly in Spain.

        The Instituto de Credito Oficial (ICO) is the financial agency of the Spanish State. Projects to be financed under the facility will be in the sectors of industry, services, tourism, energy diversification & efficiency and health & education.

        Environmental aspects
        Procurement

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

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

        Link to source
        Summary sheet
        ICO LOAN FOR SMES AND MIDCAPS V
        Other links
        Data sheet
        ICO LOAN FOR SMES AND MIDCAPS V

        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).

        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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