Global Trade Alert
Global Trade Alert

Spain: ICO and El Corte Inglés sign EUR 100 million loan for digitalisation activities

Announcement

21 Nov 2019

In November 2019, the Official Credit Institute of Spain (ICO in Spanish) signed a loan with El Corte Inglés to support the company's digitalisation activities. Earlier in November 2019, the EIB had signed a loan with the company for the same purpose (see related state act). 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Nov 2019

Revocation date:

No revocation date

Updated: 21 Nov 2019
State loan In force

On 21 November 2019, the Official Credit Institute of Spain (ICO in Spanish) signed a EUR 100 million (approx. USD 110.7 million) loan with El Corte Inglés for supporting the company's innov...

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