Release date: 8 April 2010
Promoter – Financial Intermediary
Bankinter SA
Location
Description
Dedicated loan for the financing of SMEs. It is foreseen that around 35% of the total loan amount will be allocated to projects in convergence regions.
Objectives
The loan is expected to support projects undertaken by SMEs operating in different sectors of industry and services but also in those falling under the scope of the Bank’s knowledge economy initiative. The proposed operation is thus eligible under Article 309 point (c) common interest of the EU Treaty.
The loan will be fully dedicated to investments being undertaken by SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, where applicable.
Status
Signed - 2/07/2010
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).