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    Signature(s)

    Amount
    € 500,000,000
    Countries
    Sector(s)
    Spain : € 500,000,000
    Credit lines : € 500,000,000
    Signature date(s)
    11/11/2019 : € 500,000,000
    Link to source

    Summary sheet

    Release date
    28 June 2019
    Status
    Reference
    Signed | 11/11/2019
    20180191
    Project name
    Promoter - financial intermediary
    ICO SME-FOCUSED FACILITY FOR EMPLOYMENT
    INSTITUTO DE CREDITO OFICIAL
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 500 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a loan for financing small sized investment promoted by small and medium-sized enterprises (SMEs) mainly in Spain.

    This project will improve competitiveness and access to finance at favourable conditions for SMEs.

    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).

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