MIL-OSI Europe: Spain: EIB Group and CaixaBank to provide small businesses and mid-caps with access to €900 million of new financing to promote investment, cover liquidity needs and back the agricultural sector

Source: European Investment Bank

The European Investment Bank (EIB) has signed a €450 million risk-sharing guarantee agreement with CaixaBank. This agreement will enable CaixaBank reduce its risks and capital requirements for ofering new loans totalling €900 million to Spanish small and medium companies (SMEs) and mid-caps.