SANTANDER FOCUSED SUPPORT FOR SME & MIDCAPS 2019

Promoteur – Intermédiaire Financier

BANCO SANTANDER SA

Lieu

• Espagne

Description

The project consists of a loan for financing small and medium-sized projects carried out primarily by small and medium-sized enterprises (SMEs) or mid-caps, mainly located in Spain. A relevant portion of the portfolio will be focused on SMEs and mid-caps with great additionality, such as micro enterprises and those located in regions with high unemployment.

Objectifs

This loan will have a special dedication to SMEs and mid-caps that fulfil one or more of the following characteristics (more detail will be provided at the appraisal stage): • Located in transition/less-developed regions. • Located in regions/provinces with higher than average unemployment. • Micro-enterprises (less than 10 employees). • Vulnerable/strategic sectors such as agriculture. • Innovative companies in accordance with EIB's innovation criteria as proposed in the note "Contribution of EIB intermediated lending to SMEs and mid-caps in the EU to the innovation and skills public policy goal" (OPS/OSD-3/2017-1347, PJ/INCO/2017-186) for multi-beneficiary intermediated loans (MBILs) in the EU.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

EUR 300 million

Coût total (montant approximatif)

not applicable

Aspects environnementaux

The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.

Passation des marchés

The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, where applicable.

Statut

Signé - 26/06/2019