Release date: 23 October 2019
Promoter – Financial Intermediary
BANKINTER SALocation
Description
The project concerns a loan targeting SMEs and Midcaps in Spain and Portugal, with a focus on vulnerable beneficiaries / regions. A relevant portion of the portfolio will be focused on enterprises with a particularly high additionality, such as micro enterprises or those located in less developed regions.
Objectives
The aim is to increase available financing for small/medium projects carried out primarily by SMEs and Midcaps mainly in Spain but also in other EU countries.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 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 - 11/12/2019
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).