Release date: 7 September 2009
Promoter – Financial Intermediary
Montes de Piedad y Caja de Ahorros de Ronda, Cadiz, Almeria, Malaga y AntequeraLocation
Description
The project consists of loan to finance small-sized investments carried out by SMEs, medium-scale projects financed by mid-cap companies and smaller infrastructure schemes promoted by local authorities.
Objectives
The loan will be used to finance projects of limited scale promoted by SMEs, mid-cap companies and local authorities.
Sector(s)
Proposed EIB finance (Approximate amount)
Generally up to 50% of the individual cost of each sub-project, raising to 100% in those cases allowed under the Bank’s policy on Loans to SMEs.
Total cost (Approximate amount)
n/a
Environmental aspects
All projects to be financed under this loan will be required to comply with relevant national and EU policy and legislation.
Procurement
The Bank will require that projects financed under the loan for SMEs comply with the relevant EU Directives on procurement (where applicable).
Status
Signed - 10/12/2009
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).