Reference: 20170219
Release date: 10 October 2018

Promoter – Financial Intermediary

ACCEPTABLE BANK(S)

Location

Description

EIB loan to Instituto de Crédito Oficial (ICO), a state-owned bank, attached to the Ministry of Economy and Business, will finance Spanish small and medium-sized enterprises (SMEs) in their internationalisation activities.

Objectives

The operation aims at enhancing access to finance to SMEs in the country.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 300 million

Total cost (Approximate amount)

not applicable

Environmental aspects

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

Procurement

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

Status

Signed - 12/07/2019

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Spain Credit lines