Release date: 26 November 2018
Promoter – Financial Intermediary
BANCO DE SABADELL SA
Location
Description
The project consists of a loan to finance the investments in innovation and digitalisation of small and medium-sized enterprises (SMEs) and mid-caps in Spain and other EU countries. This operation is under the "Programme Loan for Innovation & Digitalisation (2017-0594)".
Objectives
This facility is dedicated to providing financing to SMEs and mid-caps for their innovation and digitalisation initiatives, thus improving their competitiveness.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 150 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 - 14/12/2018
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).