The EIB and Bankia are set to facilitate access to energy-efficient and low-emission homes in Spain. To this end, the EU bank has provided Bankia with a EUR 150m loan, which the Spanish institution will match with a EUR 150m contribution of its own. This means that the new EIB-financed green mortgage credit line will have access to a EUR 300m fund. The agreement was signed today by EIB Vice-President Emma Navarro and Bankia Executive Chairman José Ignacio Goirigolzarri. 

Subscribe to The Financial Analyst to get original opinion and all the latest news on trending financial topics and breaking stories related to analysis and global markets. If you have a tip or a financial opinion to share get in touch to submit your story.