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Reference: 20080264
Release date: 8 July 2008

Promoter – Financial Intermediary

Banco Bilbao Vizcaya Argentaria SA

Location

Description

The project consists of a credit line to finance investments of public sector authorities in convergence areas of Spain.

Objectives

The credit line will be used to finance public projects of limited scale contributing to improve local and regional infrastructures.

Sector(s)

Proposed EIB finance (Approximate amount)

200 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

In accordance with the Bank’s credit line policy, BBVA 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 BBVA will ensure that national legislation and EU tendering directives are applied.

Status

Signed - 29/05/2009

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