Reference:
20190075
Release date: 11 February 2020
Release date: 11 February 2020
Promoter – Financial Intermediary
BANCO DE SABADELL SALocation
Description
The project consists of a loan aimed at financing small and medium-sized projects carried out primarily by small and medium-sized enterprises (SMEs) and Mid-caps in Spain. A relevant portion of the portfolio will focus on micro-enterprises and companies located in less developed regions and operating in vulnerable sectors.
Objectives
The aim is to enhance access to finance to SMEs.
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 - 20/09/2019