Global Trade Alert
Global Trade Alert

Spain: EIB extends loan with El Corte Inglés by EUR 40 million

Announcement

11 Feb 2021

In February 2021, the European Investment Bank (EIB) and El Corte Inglés signed a second loan to support the company’s investment in innovation and digitalisation. The first loan for this purpose was signed in November 2019 (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

11 Feb 2021

Revocation date:

No revocation date

Updated: 11 Feb 2021
State loan In force

On 11 February 2021, the European Investment Bank (EIB) and El Corte Inglés signed a EUR 40 million (approx. USD 48.5 million) extended loan to support the company’s technology innovat...

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