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Spain: EIB and Santander signed EUR 143 million asset-backed security program as further support SMEs and mid-caps (COVID-19)

Description

On 24 September 2020, the European Investment Bank (EIB) signed a EUR 143 million (approx. USD 166.9 million) asset-backed security (ABS) purchase program with Santander Bank, oriented to support SMEs...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Sep 2020

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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