Release date: 8 June 2010
Promoter – Financial Intermediary
BANCO GUIPUZCOANO, S.A.
Location
Description
Dedicated loan for the financing of SMEs and also small and medium sized investments promoted by mid-caps and local authorities. It is foreseen that around 30% of the total loan amount will be allocated to projects in convergence regions.
Objectives
The loan will make term finance available to SMEs and for small and medium-sized investments at attractive conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 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 - 29/12/2010
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).