Banca March SMEs & Other Priorities

Promoter – Financial Intermediary

Banca March SA

Location

• Spain

Description

Loan for financing small and medium-sized projects carried out primarily by SMEs (at least 70%), as well as by local authorities and mid-cap enterprises up to 30% of the loan amount.

Objectives

At least 70% of the loan amount will be used for the financing of SMEs. Up to 30% of the total amount could be used in small investment projects in eligible sectors carried out by public sector authorities and/or mid-cap enterprises (up to 3,000 employees).

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 100 million

Total cost (Approximate amount)

Not applicable

Environmental aspects

The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.

Procurement

The Bank will require that projects financed under this operation comply with domestic and EU applicable legislation, where applicable.

Status

Signed - 4/07/2011