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Economy
21 June 2023

Spain: The EIB grants ICF a loan of 100 million to finance SMEs and mid-caps in Catalonia, which includes an advisory service for sustainable projects

The European Investment Bank (EIB) and the Catalan Finance Institute (ICF) have signed a €100 million loan for the ICF to finance sustainable investments and climate change mitigation and adaptation. The financing will mainly go to small and medium-sized enterprises (SMEs), mid-caps and self-employed individuals in Catalonia. Total financing of €200 million is expected to be mobilised for this important segment of the economy.