Release date: 19 January 2011
Promoter – Financial Intermediary
Santander UK plc
Location
Description
The proposed operation is specifically dedicated to the financing of SMEs.
Objectives
To provide an alternative source of funding for financial institutions to enhance their SME lending.
Sector(s)
Proposed EIB finance (Approximate amount)
GBP 150 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 5/04/2011
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).