Summary sheet
- Credit lines - Credit lines
The operation consists of an €140m guarantee to enable Banca March to unlock €280m of new financing to accelerate private investment in Spain. Banca March will provide financing to small, medium-sized enterprises (SMEs) and Mid-Caps, with a strong focus on cohesion regions.
The aim is to finance small/medium projects carried out by the beneficiaries.
The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final Beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.