📋 Tender Overview
Reference: 20240795
Release date: 27 June 2025
Promoter – Financial Intermediary
BANCO SANTANDER SA
Location
Spain
Description
The operation will provide financing to agricultural small and medium-sized enterprises (SMEs) and mid-caps in Spain through Banco Santander, an intermediary specialised in this sector within the country.
Objectives
The aim is to enhance access to finance for the target beneficiaries to support their small/medium projects.
Sector(s)
Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 60 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 26/05/2025
