Release date: 28 September 2018
Promoter – Financial Intermediary
BANKIA SA,ACCEPTABLE BANK(S)Location
Description
The credit line to the selected intermediaries in Spain aims at increasing access to finance of the self-employed, small and medium sized enterprises (SMEs) and Mid-Caps active in the agriculture sector and its value chain, in collaboration with the Spanish Ministry of Agriculture, Fishery and Food.
Objectives
Loans provided by the intermediaries will finance small/medium investments projects carried out by the final beneficiaries, which will boost economic growth and employment.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 400 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 - 19/11/2018
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).