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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