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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Spain : € 200,000,000
    Credit lines : € 200,000,000
    Signature date(s)
    3/11/2008 : € 200,000,000

    Summary sheet

    Release date
    23 April 2008
    Status
    Reference
    Signed | 03/11/2008
    20080152
    Project name
    Promoter - financial intermediary
    Caja Madrid SME GL I
    Caja Madrid
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to 200 million (to be confirmed)
    Not applicable
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a credit line to finance small-sized investments carried out by SMEs. Part of the allocations are expected to be located in convergence regions.

    The credit line will provide medium and long-term funding to the intermediary who will use it to finance projects of limited scale promoted by SMEs.

    Environmental aspects
    Procurement

    In accordance with the Bank’s credit line policy, Caja Madrid will ensure that national legislation and EU directives will be applied as regards environmental protection.

    In accordance with the Bank’s credit line policy, Caja Madrid will ensure that national legislation and EU tendering directives are applied.

    Comments

    Infrastructure, energy, environmental protection and improvement, health, education, housing, innovation and development of the information society.

    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.

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    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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