Signature(s)
Amount
€ 300,000,000
Countries
Sector(s)
Spain
: € 300,000,000
Credit lines
: € 300,000,000
Signature date(s)
21/11/2019 : € 100,000,000
15/12/2020 : € 100,000,000
21/11/2019 : € 100,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
24 September 2019
Status
Reference
Signed | 21/11/2019
20190565
Project name
Promoter - financial intermediary
BANCA MARCH LOAN FOR SMES AND MIDCAPS IV
BANCA MARCH SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 300 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of an EIB loan to Banca March to finance small and medium-sized projects carried out by SMEs (minimum 70% of total loan amount) and Mid-Caps (Up to 30% of total amount) located in Spain.
The operation will allow to enhance access to finance for Spanish SMEs and Midcaps.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Link to source
Summary sheet
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News & Stories
Link to source
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