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        BANESTO GL VII

        Signature(s)

        Amount
        € 125,000,000
        Countries
        Sector(s)
        Spain : € 125,000,000
        Credit lines : € 125,000,000
        Signature date(s)
        10/06/2002 : € 125,000,000

        Summary sheet

        Release date
        13 March 2002
        Status
        Reference
        Signed | 10/06/2002
        20020011
        Project name
        Promoter - financial intermediary
        Banesto (Global Loan VII)
        Public sector investors
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to 33% of the total investment in projects on average
        Not available
        Location
        Sector(s)
        Description
        Objectives

        The project consists of a global loan for the financing of several sub-projects in infrastructure, environmental protection and improvement, energy, health, education and housing.

        The project will contribute to regional development by improving infrastructures in assisted areas and also by contributing to environmental protection and rational use of energy.

        Environmental aspects
        Procurement

        In accordance with the Bank's global loans policy, BANESTO will ensure that the appropriate measures have been defined as regards environmental protection.

        In accordance with its global loan policy, the Bank will ensure that the appropriate measures have been defined as regards invitations to tender.

        Comments

        Infrastructure, energy, environmental protection, health, education and housing.

        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).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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