Signature(s)
Amount
€ 500,000,000
Countries
Sector(s)
Credit lines
: € 500,000,000
Signature date(s)
28/05/2015 : € 100,000,000
28/05/2015 : € 400,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
7 April 2015
Status
Reference
Signed | 28/05/2015
20150137
Project name
Promoter - financial intermediary
BANCO POPULAR SMES & MIDCAPS V
BANCO POPULAR ESPANOL S.A., BANCO POPULAR PORTUGAL S.A.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 500 million
Not applicable.
Location
Sector(s)
Description
Objectives
Dedicated EIB loan for SMEs and Mid-caps to finance small and medium-sized investment projects in Spain and Portugal, but also in other EU countries.
The loan amount will be used for the financing of small and medium-sized investment projects in eligible sectors carried out by SMEs and mid-cap enterprises (up to 3 000 employees), mainly in Spain and Portugal but also in other EU countries.
Environmental aspects
Procurement
The Bank will require that projects financed under this operation comply with EU and domestic applicable legislation, as appropriate.
The Bank will require that projects financed under this operation comply with EU and domestic applicable legislation, as appropriate.
Link to source
Summary sheet
Other links
Data sheet
News & Stories
Link to source
Other links