Global Trade Alert
Global Trade Alert

Spain: EIB and Banca March sign EUR 200 million guarantee on the bank's mid-caps portfolio

Announcement

23 Dec 2020

In December 2020, the European Investment Bank (EIB) and Banca March signed the first operation under the Pan-European Guarantee Fund (EGF) to continue supporting Spanish companies in the context of the COVID-19 pandemic.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Dec 2020

Revocation date:

No revocation date

Updated: 23 Dec 2020
Loan guarantee In force
<p>On 23 December 2020, the European Investment Bank (EIB) and Banca March signed a EUR 200 million (approx. USD 243.9 million) risk participation instrument to continue lending Spanish mid-caps...
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