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    Reference: 20180453
    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)

    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).

    Related tags

    Spain Credit lines