Banco de Sabadell Loan for SMEs I

Promoter – Financial Intermediary

Banco de Sabadell

Location

• Spain

Description

The project consists of credit line to finance small-sized investments carried out by SMEs.

Objectives

The credit line will be used to finance projects of limited scale promoted by SMEs.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Generally up to 50% of the individual cost of each sub-project, raising to 100% in those cases allowed under the Bank’s policy on Loans to SMEs.

Total cost (Approximate amount)

Not available.

Environmental aspects

All sub-projects to be financed under this loan for SMEs will be required to comply with relevant national and EU policy and legislation.

Procurement

The Bank will require that sub-projects financed under the loan for SMEs comply with the relevant EU Directives on procurement (where applicable).

Status

Signed - 23/07/2009