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IBERCAJA LOAN FOR SMES AND MIDCAPS

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Spain : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
8/05/2015 : € 50,000,000
15/01/2016 : € 150,000,000
Link to source
Data sheet
IBERCAJA LOAN FOR SMES AND MIDCAPS
Other links
Summary sheet
IBERCAJA LOAN FOR SMES AND MIDCAPS
Related press
Spain: EIB and Ibercaja sign EUR 150 million SME financing agreement
Related press
Spain: EIB lends EUR 50m to Ibercaja for financing SMEs

Summary sheet

Release date
18 February 2015
Status
Reference
Signed | 08/05/2015
20140705
Project name
Promoter - financial intermediary
IBERCAJA LOAN FOR SMES AND MIDCAPS
IBERCAJA BANCO SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
Not applicable.
Location
Sector(s)
Description
Objectives

Dedicated EIB loan for the financing of small and medium sized investments promoted by SMEs and midcaps, mainly in Spain.

The loan will be used for the financing of small and medium-sized investment projects in eligible sectors carried out by SMEs and midcap entreprises (up to 3,000 employees).

Environmental aspects
Procurement

The Bank will require that projects financed under this operation comply with EU applicable legislation, as appropriate.

The Bank will require that projects financed under this operation comply with EU applicable legislation, where applicable.

Link to source
Summary sheet
IBERCAJA LOAN FOR SMES AND MIDCAPS
Other links
Data sheet
IBERCAJA LOAN FOR SMES AND MIDCAPS
Related press
Spain: EIB and Ibercaja sign EUR 150 million SME financing agreement
Related press
Spain: EIB lends EUR 50m to Ibercaja for financing SMEs

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).

News & Stories

Link to source
Related press
Spain: EIB and Ibercaja sign EUR 150 million SME financing agreement
Related press
Spain: EIB lends EUR 50m to Ibercaja for financing SMEs
Other links
Data sheet
IBERCAJA LOAN FOR SMES AND MIDCAPS
Summary sheet
IBERCAJA LOAN FOR SMES AND MIDCAPS

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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