Signature(s)
Amount
€ 87,141,236.88
Countries
Sector(s)
Spain
: € 87,141,236.88
Credit lines
: € 87,141,236.88
Signature date(s)
30/06/2020 : € 87,141,236.88
Link to source
Data sheet
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Summary sheet
Release date
15 May 2020
Status
Reference
Signed | 30/06/2020
20200312
Project name
Promoter - financial intermediary
BBVA COVID19 SUPPORT TO SMES & MIDCAPS
BANCO BILBAO VIZCAYA ARGENTARIA SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 87 million
EUR 899 million
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a multi-beneficiary intermediated loan (MBIL) to support SMEs and midcaps that have been affected by the Covid-19 crisis. The transaction, through a joint EIB-EIF guarantee, will enable BBVA to expand its capacity for new lending.
The aim is to enhance access to loan finance to the target beneficiaries that have been affected by the pandemic in Spain.
Environmental aspects
Procurement
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, where applicable.
Related documents
Related projects
Link to source
Summary sheet
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scoreboard - EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS
Publication Date
1 Sep 2020
Document Language
English
Main Topic
lending
Document Number
133221926
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20210349
Last update
2 Sep 2020
Sector(s)
Credit lines
Countries
Italy
Publicly available
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