EIB Group and Santander support small businesses with €1 billion to invest in competitiveness and green transition, boost the role of women and promote construction of sustainable buildings
Luxembourg, Oct. 31 -- The EIB Group - made up of the European Investment Bank (EIB) and the European Investment Fund (EIF) - has signed a new €569.5 million securitisation operation with Santander. This securitisation operation will enable Santander to direct around €1.08 billion to financing the green transition and the competitiveness of small and medium-sized enterprises (SMEs) and mid-caps in Spain. €200 million of the total will go to financing the construction of near-zero emission buildings by SMEs and mid-caps in the real estate sector. €70 million will also go towards supporting companies whose shareholders or management teams are mostly women.The EIB will contribute €309.5 million to the operation, w...
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