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Reference: 20180080
Release date: 28 August 2018

Promoter – Financial Intermediary

BANCO SANTANDER SA

Location

Description

The project consists of a de-linked, funded risk-sharing operation to support new small and medium-sized enterprises (SME) and mid-cap lending in Spain.

Objectives

This project will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps in Spain.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 250 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 - 23/07/2018

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).

Related tags

Spain Credit lines