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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Spain : € 300,000,000
    Credit lines : € 300,000,000
    Signature date(s)
    21/11/2019 : € 100,000,000
    21/11/2019 : € 100,000,000
    15/12/2020 : € 100,000,000

    Summary sheet

    Release date
    24 September 2019
    Status
    Reference
    Signed | 21/11/2019
    20190565
    Project name
    Promoter - financial intermediary
    BANCA MARCH LOAN FOR SMES AND MIDCAPS IV
    BANCA MARCH SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    The project consists of an EIB loan to Banca March to finance small and medium-sized projects carried out by SMEs (minimum 70% of total loan amount) and Mid-Caps (Up to 30% of total amount) located in Spain.

    The operation will allow to enhance access to finance for Spanish SMEs and Midcaps.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Link to source

    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

    General enquiries and comments

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    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.
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    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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