Release date: 21 November 2018
Promoter – Financial Intermediary
BANCO BILBAO VIZCAYA ARGENTARIA SALocation
Description
The project consists a loan to small and medium-sized enterprises (SMEs) and mid-caps, mainly located in Spain.
Objectives
This EIB Multi-Objective multiple beneficiary intermediated loan (MBIL) is with a well-known counterpart. At least 70% of the loan amount will be used to finance small-scale projects carried out by SMEs and mid-caps, the remaining amount could be used to finance small investments in eligible sectors promoted by local authorities and final beneficiaries of any size.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 450 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
Status
Signed - 16/06/2020
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).