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Reference: 20200417
Release date: 1 July 2020

Promoter – Financial Intermediary

BANCO SANTANDER SA

Location

Description

The project consists of a loan to finance the investments in innovation and digitalisation of SMEs and midcaps in Spain and other EU countries. This operation is under the "Programme Loan for Innovation & Digitalisation (2017-0594).

Objectives

The aim is to enhance access to finance to final beneficaries.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 50 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 - 24/09/2020

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