Release date: 11 February 2020
Promoter – Financial Intermediary
BANCO DE SABADELL SALocation
Description
The project consists of a loan aimed at financing small and medium-sized projects carried out primarily by small and medium-sized enterprises (SMEs) and Mid-caps in Spain. A relevant portion of the portfolio will focus on micro-enterprises and companies located in less developed regions and operating in vulnerable sectors.
Objectives
The aim is to enhance access to finance to SMEs.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 400 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 - 20/09/2019
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).