Signature(s)
Amount
€ 300,000,000
Countries
Sector(s)
Spain
: € 300,000,000
Credit lines
: € 300,000,000
Signature date(s)
12/07/2019 : € 300,000,000
Link to source
Other links
Summary sheet
Release date
10 October 2018
Status
Reference
Signed | 12/07/2019
20170219
Project name
Promoter - financial intermediary
ICO INTERNATIONALISATION LOAN FOR SMES & MIDCAPS
ACCEPTABLE BANK(S)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 300 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
EIB loan to Instituto de Crédito Oficial (ICO), a state-owned bank, attached to the Ministry of Economy and Business, will finance Spanish small and medium-sized enterprises (SMEs) in their internationalisation activities.
The operation aims at enhancing access to finance to SMEs in the country.
Environmental aspects
Procurement
The EIB will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
The EIB will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
Link to source
Summary sheet
Other links
News & Stories
Link to source
Other links
Photogallery
Photographer: Mercedes Landete
©EIB