Release date: 12 February 2008
Promoter – Financial Intermediary
Banco PastorLocation
Description
The project consists of a credit line to finance small-sized investments carried out by SMEs. Around 65% of allocations are expected to be located in convergence regions.
Objectives
The credit line will be used to finance projects of limited scale promoted by SMEs.
Comments
Infrastructure, energy, environmental protection and improvement, health, education, housing, innovation and development of the information society.
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, BANCO PASTOR 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, BANCO PASTOR will ensure that national legislation and EU tendering directives are applied.
Status
Signed - 23/05/2008
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).