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    Reference: 20060024
    Release date: 19 November 2007

    Promoter – Financial Intermediary

    Caja de Ahorros de Cataluna

    Location

    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)

    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

    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