La Caixa Loan for SMES I

Promoter – Financial Intermediary

Caja De Ahorros Y Pensiones De Barcelona (La Caixa)

Location

• Spain

Description

The project consists of a credit line to finance small-sized investments carried out by SMEs in Spain, most of them in convergence areas.

Objectives

The credit line will be used to finance projects of limited scale promoted by SMEs, part of them in assisted areas.

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, La Caixa 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, La Caixa will ensure that national legislation and EU tendering directives are applied.

Status

Signed - 5/12/2008