Release date: 1 March 2021
Promoter – Financial Intermediary
BANCO SANTANDER SA
Location
Description
The operations concerns a loan to enhance access to finance for small and medium-sized enterprises (SMEs) and mid-caps, mainly in Spain but also in other EU countries. A relevant portion - EUR 100m - of the operation will have a special dedication to sustainable SMEs and mid-caps.
Objectives
Financing of small/medium projects carried out by SMEs and and mid-caps, mainly in Spain but also in other EU countries.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 280 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 23/02/2021
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).