Release date: 29 July 2003
Promoter – Financial Intermediary
Banco Cooperativo EspañolLocation
Description
Multi-purpose global loan to finance small and medium-sized private and public sector projects in industry, tourism, and services promoted by SMEs as well as in infrastructure, environmental protection and improvement, energy, health, education and housing in rural areas.
Objectives
The project will contribute to regional development by improving infrastructures in assisted areas and also by contributing to environmental protection, reduction in pollution as well as rational use of energy and diversification.
Comments
Industry, tourism, services, infrastructure, environmental protection, energy, health, education and housing.
Sector(s)
Proposed EIB finance (Approximate amount)
The EIB funding would represent up to 50% of individual allocations and about 33% of total investment in projects.
Total cost (Approximate amount)
Not available
Environmental aspects
In accordance with the Bank's global loan policy, Banco Cooperativo Español will ensure that national legislation and EU directives will be applied as regards environmental protection.
Procurement
In accordance with the Bank's global loan policy, Banco Cooperativo Español will ensure that national legislation and EU tendering directives are applied.
Status
Signed - 28/10/2003
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).