Release date: 29 November 2010
Promoter – Financial Intermediary
Caja De Ahorros Y Monte De Piedad De Gipuzkoa Y San Sebastian
Location
Description
Dedicated loan for the financing of SME and small and medium sized investments promoted by mid-caps and local authorities. It is foreseen that up to 30% of the total loan amount will be allocated to projects carried out by midcaps and local authorities.
Objectives
The loan is expected to support projects undertaken by SMEs operating in different sectors of industry and services. It will also support eligible projects carried out by local authorities and mid-sized companies.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
Procurement
The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
Status
Signed - 6/10/2011