Signature(s)
Summary sheet
- Credit lines - Credit lines
The consumer ABS cash transaction will support BBVA in financing projects carried out by small and medium-sized enterprises (including MidCaps) in Spain.
The aim is to enhance access to finance for the final beneficiaries.
The operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". BBVA has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social risks related to the potential sub-projects benefitting from EIB support. The final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.