Release date: 24 June 2004
Promoter – Financial Intermediary
Caja de Ahorros y Pensiones de Barcelona (La Caixa)Location
Description
This global loan is to finance SME investments, mainly located in assisted areas.
Objectives
Over 70% of the Global Loan will be allocated to projects in Objective 1 and 2 areas of Spain. In this respect, it will contribute to Spain’s convergence with the EU.
Comments
Industry, tourism and services but also in infrastructure, environmental protection and improvement of energy, health, education and housing and sectors covered under i2i.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to 33% of the total investment in projects on average.
Total cost (Approximate amount)
Not available.
Environmental aspects
In accordance with the Bank’s global loans policy, La Caixa 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, La Caixa will ensure that national legislation and EU tendering directives are applied.
Status
Signed - 14/07/2004
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).