EIB Group and Santander to unlock €1.43 billion for small businesses and mid-caps, supporting competitiveness, the green transition and women entrepreneurs
Spain, July 21 -- The EIB Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), has invested €876 million in a new Santander securitisation. The transaction will enable Santander to provide around €1.43 billion in lending to support the green transition and strengthen the competitiveness of small and medium businesses and mid-caps in Spain, support job creation and help retain talent. Of this figure, €108 million will go towards loans for women entrepreneurs and businesses that are owned or managed primarily by women, and more than €162 million will support the green transition.The agreement between the EIB Group and Banco Santander will improve access to finance for small and m...
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