IFCLM Loan for SMEs & Other Priorities

Promoter – Financial Intermediary

Instituto de Finanzas de Castilla-la-Mancha (IFCLM).

Location

• Spain

Description

Loan for the financing of small and medium sized sub-projects predominantly promoted by SMEs in Castilla-la-Mancha, Spain.

Objectives

Promoter, project size and allocation procedures will be those normally applied by the Bank for credit lines to SMEs.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to EUR 100 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Within the framework of the proposed Loan for SMEs, IFCLM 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 Loan to SMEs, IFCLM will be requested to ensure that sub-projects comply with the EU directives.

Status

Signed - 11/03/2011