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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 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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