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    Reference: 20100650
    Release date: 9 February 2011

    Promoter – Financial Intermediary

    CAJA LABORAL POPULAR COOPERATIVA DE CRÉDITO (CLP)

    Location

    Description

    Dedicated loan for the financing of SME and small and medium sized investments promoted by mid-caps and local authorities. It is foreseen that up to 30% of the total loan amount will be allocated to projects carried out by midcaps and local authorities.

    Objectives

    The loan is expected to support projects undertaken by SMEs operating in different sectors of industry and services. It will also support eligible projects carried out by local authorities and mid-sized companies.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 150 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 - 7/10/2011

    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).

    Related tags

    Spain Credit lines