Release date: 18 February 2013
Promoter – Financial Intermediary
SANTANDER UK PLCLocation
Description
The financing facility will be used to finance SMEs and midcaps investments throughout the UK
Objectives
To provide an alternative source of funding for financial institutions to enhance their SME and midcaps lending.
Comments
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 234 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate
Status
Signed - 21/06/2013
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).