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Project financing Projects approved by the Administrative Council ICO #2 - Job creation in Spanish SMEs

ICO #2 - Job creation in Spanish SMEs

  • Approval date

    6 November 2014

  • Borrower

    Instituto de Crédito Oficial

  • Country

    Spain

  • Loan size

    € 280 000 000

  • Line of action

    Supporting micro, small and medium-sized enterprises

  • Status

    Completed

Financing, through accredited financial intermediaries, the purchase by MSMEs of fixed assets such as office and manufacturing premises, production installations, vehicles and equipment. The aim is to strengthen their competitiveness and boost job creation and preservation.

The CEB and Instituto de Crédito Oficial sign € 280 million loan agreement to finance MSMEs

Press release 19 November 2014

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