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    Reference: 20180560
    Release date: 4 December 2018

    Promoter – Financial Intermediary

    ACCEPTABLE BANK(S),INSTITUTO VASCO DE FINANZAS

    Location

    Description

    The project consists of an EIB loan for the financing of small and medium-sized projects implemented by small and medium-sized enterprises (SMEs) and mid-caps located mainly the Basque Country.

    Objectives

    This project will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 150 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 - 21/10/2020

    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