EIB Group and Santander join forces to unlock €370 million to support small businesses and mid-caps in the green transition, women entrepreneurship and the agriculture sector
Spain, June 18 -- The EIB Group - made up of the European Investment Bank (EIB) and the European Investment Fund (EIF) - has signed a new €250 million securitisation operation with Santander to boost investment by small businesses (SMEs) and mid-caps companies in Spain and to support the agricultural sector and women entrepreneurship in the country. This investment will allow Santander to mobilise up to €370 million to improve access to financing for companies in strategic sectors, boost agricultural development, and support economic cohesion across regions. Under the operation, the European Investment Fund (EIF) commits €200 million through a bilateral guarantee with ING, while the European Investment Bank (EIB) invests &...
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