Reference:
20100573
Release date: 6 January 2011
Release date: 6 January 2011
Promoter – Financial Intermediary
Instituto de Crédito Oficial (ICO)
Location
Description
EIB loan for SMEs for financing small and medium-sized investment carried out by SMEs.
Objectives
The loan is expected to support projects undertaken by SMEs operating in different sectors of industry and services but also in those falling under the scope of the Bank’s knowledge economy initiative.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 500 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
All sub-projects to be financed under this EIB loan to SMEs will be required to comply with relevant national and EU policy and legislation, as appropriate.
Procurement
The Bank will require that sub-projects financed under this EIB loan to SMEs comply with the relevant EU Directives on procurement, where applicable.
Status
Signed - 29/04/2011