Caja de Cataluna SME GL I

Promoter – Financial Intermediary

Caja de Ahorros de Cataluna

Location

• Spain

Description

The project consists of a credit line to finance small-sized investments carried out by SMEs. At least 70% will be used to finance projects of SMEs, the rest might be used to finance some projects of local authorities.

Objectives

The credit line will be used to finance projects of limited scale promoted by SMEs.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

The EIB funding would represent up to 50% of individual allocations.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

In accordance with the Bank's credit line policy, Caja de Cataluna will ensure that national legislation and EU directives will be applied as regards environmental protection.

Procurement

In accordance with the Bank's credit line policy, Caja de Cataluna will ensure that national legislation and EU tendering directives are applied.

Status

Signed - 31/01/2008