Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

SANTANDER COVID19 ABS SUPPORT TO SMES & MIDCAPS

Signature(s)

Amount
€ 143,000,000
Countries
Sector(s)
Spain : € 143,000,000
Credit lines : € 143,000,000
Signature date(s)
24/09/2020 : € 143,000,000

Summary sheet

Release date
1 July 2020
Status
Reference
Signed | 24/09/2020
20200359
Project name
Promoter - financial intermediary
SANTANDER COVID19 ABS SUPPORT TO SMES & MIDCAPS
BANCO SANTANDER SA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 143 million
not applicable
Location
Sector(s)
Description
Objectives

The project, as part of the EIB response to COVID-19 crisis, will supports SMEs and midcaps affected by the pandemic. In detail, the EIB will purchase the mezzanine tranche of a synthetic securitisation of a portfolio of SME loans originated by Santander Bank.

The aim is to facilitate the access to finance of SMEs and midcaps and mitigate the negative economic effects of the Covid-19.

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.

Related projects

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).

scoreboard - EU PL ABS COVID19 RESPONSE FOR SMES&MIDCAPS
Publication Date
1 Sep 2020
Document Language
English
Main Topic
lending
Document Number
133221926
Document Focus
EFSI legal requirements
Document Type
Scoreboard
Project Number
20210349
Last update
2 Sep 2020
Sector(s)
Credit lines
Countries
Italy
Publicly available
Download now
Link to source

News & Stories

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.

Related publications