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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 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