Release date: 10 October 2018
Promoter – Financial Intermediary
ACCEPTABLE BANK(S)Location
Description
EIB loan to Instituto de Crédito Oficial (ICO), a state-owned bank, attached to the Ministry of Economy and Business, will finance Spanish small and medium-sized enterprises (SMEs) in their internationalisation activities.
Objectives
The operation aims at enhancing access to finance to SMEs in the country.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 300 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The EIB will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
Procurement
The EIB will require that projects financed under this operation comply with domestic and EU applicable legislation, as appropriate.
Status
Signed - 12/07/2019
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).