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

Announcement

24 Sep 2020

In September 2020, the European Investment Bank (EIB) and Santander signed a EUR 143 million (approx. USD 166.9 million) asset-backed security program for SMEs and mid-caps affected by the COVID-19 pandemic.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Sep 2020

Revocation date:

No revocation date

Updated: 24 Sep 2020

Loan guarantee In force

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 S...

Related State Acts

10 Dec 2020

Germany: EIB and LBBW signed asset-backed security programme to support SMEs and mid-caps (COVID-19)

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