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    Reference: 20170746
    Release date: 12 October 2017

    Promoter – Financial Intermediary

    ACCEPTABLE BANK(S)

    Location

    Description

    Loan for financing small sized investments promoted by self-employed entrepreneurs and micro-enterprises, mainly in Spain.

    Objectives

    This operation will improve competitiveness and access to finance at favourable conditions by self-employed entrepreneurs and micro-enterprises.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 700 million

    Total cost (Approximate amount)

    EUR 1400 million

    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 - 27/12/2017

    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