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BBVA LOAN FOR SMES & MIDCAPS III

Summary sheet

Release date
17 November 2015
Status
Reference
Signed | 10/05/2016
20150732
Project name
Promoter - financial intermediary
BBVA LOAN FOR SMES & MIDCAPS III
BANCO BILBAO VIZCAYA ARGENTARIA SA, BANCO BILBAO VIZCAYA ARGENTARIA SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
Not applicable.
Location
Sector(s)
Description
Objectives

Dedicated EIB loan for small and medium-sized enterprises (SMEs) and mid-caps to finance small and medium-sized projects, mainly in Spain but also in other EU countries.

The loan will be used for the financing of small and medium-sized investment projects in eligible sectors carried out by SMEs and mid-cap enterprises (up to 3,000 employees) mainly in Spain but also in the EU.

Environmental aspects
Procurement

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

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

Link to source
Summary sheet
BBVA LOAN FOR SMES & MIDCAPS III
Other links
Related press
Spain: EIB and BBVA agree on a EUR 600m credit line for SMEs

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).

News & Stories

Link to source
Related press
Spain: EIB and BBVA agree on a EUR 600m credit line for SMEs
Other links
Summary sheet
BBVA LOAN FOR SMES & MIDCAPS III

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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