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Reference: 20170603
Release date: 5 December 2017

Promoter – Financial Intermediary

BANKIA SA

Location

Description

Financing facility to foster integration into the labor force for vocational training students through the financing of small and medium-sized enterprises (SMEs) and mid-caps.

Objectives

The FP DUAL (FPD ) Programme aims to provide training to the youth and facilitate employment opportunities that would allow them to find a job, and put the newly-acquired knowledge into practice. The programme will focus especially on vocational training, an area where Spain has traditionally lagged behind other EU countries.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 25 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, where applicable.

Status

Signed - 19/11/2018

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 Credit lines