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Reference: 20040198
Release date: 28 April 2004

Promoter – Financial Intermediary

Instituto Gallego de Promoción Económica.

Location

Description

Global loan of around EUR 30 million for financing several sub-projects in the region.

Objectives

Promoting regional development by increasing the competitiveness and productivity of local SMEs.

Comments

Industry, tourism and services.

Sector(s)

Proposed EIB finance (Approximate amount)

Up to 50% of total cost of ventures.

Total cost (Approximate amount)

Not available.

Environmental aspects

In accordance with the Bank's global loan policy, the intermediaries will ensure that appropriate environmental protection measures are adopted.

Procurement

The Bank's global loan policy ensures that appropriate procurement procedures are employed.

Status

Signed - 1/06/2007

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).

Related tags

Spain Credit lines