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Signature(s)

Amount
€ 300,000,000
Countries
Sector(s)
Spain : € 300,000,000
Credit lines : € 300,000,000
Signature date(s)
21/11/2019 : € 100,000,000
21/11/2019 : € 100,000,000
15/12/2020 : € 100,000,000

Summary sheet

Release date
24 September 2019
Status
Reference
Signed | 21/11/2019
20190565
Project name
Promoter - financial intermediary
BANCA MARCH LOAN FOR SMES AND MIDCAPS IV
BANCA MARCH SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 300 million
not applicable
Location
Sector(s)
Description
Objectives

The project consists of an EIB loan to Banca March to finance small and medium-sized projects carried out by SMEs (minimum 70% of total loan amount) and Mid-Caps (Up to 30% of total amount) located in Spain.

The operation will allow to enhance access to finance for Spanish SMEs and Midcaps.

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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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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