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    Reference: 20220545
    Release date: 27 December 2022

    Promoter – Financial Intermediary

    BANCO DE SABADELL SA

    Location

    Description

    Dedicated loan to support small and medium-sized projects carried out by small and medium-sized enterprises (SMEs) and mid-caps, located mainly in Spain, but also in other EU countries with a partial dedication to Climate Action projects.

    Objectives

    The proposed operation aims to support new lending to SMEs and Mid-xaps in Spain with a partial dedication to Climate Action project. It will also help ease the economic and social impact of the war in Ukraine, by offering support to Spanish SMEs and Mid-caps under strain from the war and its economic effects.

    Sector(s)

    Proposed EIB finance (Approximate amount)

    EUR 509 million

    Total cost (Approximate amount)

    not applicable

    Environmental aspects

    Final beneficiaries will be requested to comply with the applicable national and EU legislation, as appropriate.

    Procurement

    Final beneficiaries will be requested to comply with the applicable national and EU legislation, as appropriate.

    Status

    Signed - 15/12/2022

    Milestone
    Under appraisal
    Approved
    Signed
    24 November 2022
    15 December 2022

    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).

    Related tags

    Spain Credit lines