Release date: 27 November 2008
Promoter – Financial Intermediary
Instituto Gallego de Promoción Economica (IGAPE)
Location
Description
Credit line mainly for the financing of small- and medium-scale projects according to the Bank’s eligibility criteria in the region of Galicia.
Objectives
The proposed credit line would enhance the Bank’s support in favour of projects contributing to reinforce the productivity and competitiveness of SMEs throughout Galicia, a Convergence region.
Sector(s)
Proposed EIB finance (Approximate amount)
Not applicable.
Total cost (Approximate amount)
Around EUR 400 million.
Environmental aspects
Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.
Procurement
Final beneficiaries will be requested to comply with national and EU Directives, as appropriate.
Status
Signed - 30/01/2009
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).