Release date: 27 April 2006
Promoter – Financial Intermediary
BANCO POPULAR ESPAÑOL (BPE)Location
Description
The global loan will be used to finance projects of limited scale promoted by SMEs, in different sectors of industry and services aiming at increasing the productivity and competitiveness of the final beneficiaries.
Objectives
The project will contribute to support investments of SMEs in Spain.
Comments
Industry, services, tourism, infrastructure, energy, environ- mental protection and improvement, health, education, housing, innovation and the development of the information society.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million. 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 global loans policy, BPE 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, BPE will ensure that national legislation and EU tendering directives are applied.
Status
Signed - 25/01/2007
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).