CaixaBank joins the new ICO directions “Green” and “Companies and Entrepreneurs”

CaixaBank has signed an agreement with the Official Credit Institute (ICO) under which he will sell new lines “ICO Verde” and “ICO companies and entrepreneurs”promoted by the government and planning mobilization more than 30,000 million euros in loans under the Recovery Plan launched with the support of the European Union Next Generation Funds.

The organization’s clients will therefore soon be able to access these two avenues of ICO funding, illustrating the importance of public-private collaboration as a key element in the use of European funds.

In particular, The ICO Green Line has €22 billion in funding for projects of companies of all sizes and households to accelerate the transition to a green economy.

For example, these loans can be used to develop projects for sustainable transport, energy efficiency, renewable energy, industrial decarbonization, water management, circular economy and climate change adaptation, all of which have a positive impact on the environment.

For my part, The “ICO Companies and Entrepreneurs Line”, endowed with 8.150 million euros, aims to finance projects that contribute to the growth of Spanish companies. especially small ones. In addition, this line includes, among other things, a $1 billion portion for promotion projects related to sustainable development, digitalization of equipment and strengthening the competitiveness of the tourism sector. It also includes a $150 million tranche to fund projects related to digitalization and artificial intelligence at public and private universities.

CaixaBank is Spain’s leading bank with assets of over €630 billion and the largest network of branches and ATMs in the country. The company is developing a socially responsible universal banking model with a long-term vision, based on quality, proximity and specialization.

Thus, its positioning as a leading banking institution allows it to play a key role in promoting sustainable economic growth and financial inclusion of vulnerable groups and rural areas.

CaixaBank has a team of specialized professionals and a wide network of offices, differentiated for each group. The bank structures its offering across six business lines, each with a distinct value proposition: Personal Banking (targets individual clients with positions up to €60,000), Premier Banking (offers tailored solutions for clients with assets between €60,000 and 60,000 euros). €500,000 or payroll over €4,000), Private Banking (serves clients with assets over €500,000), Business (targets enterprises, self-employed and professionals), Business Banking (companies up to €500 million turnover) and Corporate & Institutional Banking (corporations with a turnover of more than 500 million euros, financial sponsors, institutions and international clients).