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Reference: 20160286
Release date: 14 October 2016

Promoter – Financial Intermediary

BANKIA SA

Location

Description

The project relates to the financing of part of the promoter's information technology (IT) development investment programme over the period 2016-2018

Objectives

Development of the promoter's business processes redesign and digital transformation of client interaction

Sector(s)

  • Services - Financial and insurance activities

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

EUR 106 million

Environmental aspects

The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, as appropriate.

Procurement

The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation.

Status

Signed - 14/10/2016

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 Services