Release date: 10 May 2011
Promoter – Financial Intermediary
Caja de Ahorros de Vitoria y Álava (Caja Vital)
Location
Description
Dedicated loan for financing small and medium-sized projects carried out by SMEs. Up to a maximum of 30% of the loan amount could also be used for financing eligible small and medium-sized projects carried out by local authorities and mid-cap enterprises.
Objectives
The loan is expected to support projects undertaken by SMEs operating in different sectors of industry and services. It could also support eligible projects carried out by local authorities and mid-sized companies.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 75 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, where applicable.
Status
Signed - 6/10/2011