Release date: 23 February 2009
Promoter – Financial Intermediary
ADE Financiación S.A.
Location
Description
Credit line for the financing of small and medium sized sub-projects predominantly promoted by SMEs in Castilla y León, Spain.
Objectives
During appraisal the possibility of dedicating this credit line mainly to promoters of investments in the automotive sector, in line with the Bank’s strong endeavours to support this sector in the current economic crisis, will be analysed.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 100 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Within the framework of the proposed credit line to SMEs, the promoter will be requested to ensure that sub-projects comply with the EU directives and national environmental standards, as appropriate.
Procurement
Within the framework of the proposed credit line to SMEs, the promoter will be requested to ensure that sub-projects comply with the EU directives.
Status
Signed - 16/12/2010
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).