Release date: 14 October 2016
Promoter – Financial Intermediary
BANKIA SALocation
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).