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Signature(s)

Amount
€ 150,000,000
Countries
Sector(s)
Spain : € 150,000,000
Credit lines : € 150,000,000
Signature date(s)
19/07/2011 : € 45,000,000
12/05/2010 : € 50,000,000
19/07/2011 : € 55,000,000
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Summary sheet

Release date
1 October 2009
Status
Reference
Signed | 12/05/2010
20090457
Project name
Promoter - financial intermediary
IVF Loan for SME & Other Priorities II
The Instituto Valenciano de Finanzas (IVF).
Proposed EIB finance (Approximate amount)
Indicatively, EUR 150 million.
Location
Sector(s)
Description
Objectives

Financing of small/medium scale multi-sector projects undertaken predominantly by SMEs in the region of Valencia (Spain), and also, for a minor part, of small infrastructure projects promoted by municipalities or public sector entities.

The present credit line will be specifically earmarked for projects contributing to reinforce the productivity and competitiveness of SMEs as well as small-size eligible infrastructure projects carried out by municipalities or public entities.

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

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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