ANNOUNCEMENT 11 Dec 2019

In December 2019, the European Investment Bank (EIB) signed a credit line agreement with Bankinter S.A. to support small and medium-sized enterprises (SMEs) and mid-cap companies.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

The European Investment Bank, Financed Projects, BANKINTER FOCUSED LOAN FOR SMES AND MIDCAPS: https://www.eib.org/en/projects/loans/all/20180103
The European Investment Bank, Project summary, BANKINTER FOCUSED LOAN FOR SMES AND MIDCAPS: https://www.eib.org/en/projects/pipelines/all/20180103
The European Investment Bank, SMEs and mid-caps: https://www.eib.org/en/projects/priorities/sme/index.htm

Inception date: 11 Dec 2019 | Removal date: open ended

State loan

On 11 December 2019, the European Investment Bank (EIB) signed a credit line agreement with Bankinter S.A. having a total value of EUR 200 million (approx. USD 226.5 million).

The credit line will, through Bankinter S.A., support small and medium-sized enterprises (SMEs) and mid-cap companies located in Spain and in Portugal. Other EU companies are not excluded from financing.

In general, the EIB has made financing of SMEs and mid-cap companies a top priority. In this context, the EIB stated: "In 2018 alone, the EIB Group financed SMEs and mid-caps across the globe to the tune of EUR 23.3 billion (EIB Group)."

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.

AFFECTED SECTORS

 
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AFFECTED PRODUCTS

 
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