CaixaBank and CEOE boost business growth with a €45.000 billion financing line

CaixaBank and CEOE have strengthened their commitment to Spain's economic development by expanding their long-standing partnership. The new financing line, which exceeds the previous year's figure by €5.000 billion, seeks to boost growth, competitiveness, entrepreneurship, and Capabilities and innovation in the Spanish business landscape.

The agreement, signed today by Tomás Muniesa, president of CaixaBank, and Antonio Garamendi, president of CEOE, takes on special relevance in a global context where companies face constant challenges in areas such as sustainability, technology, and competitiveness. Both institutions have expressed their firm intention to effectively address the financing needs of companies and support initiatives that generate tangible benefits on these crucial fronts.

One of the most notable new features of this agreement is the priority focus on SMEs, establishing that a minimum of 75% of the companies benefiting from this financing must be small and medium-sized enterprises. This measure underscores the importance of this sector for job creation and economic dynamism.

Tomás Muniesa He highlighted the fundamental role of entrepreneurs in society: “Businesses and entrepreneurs are a fundamental asset in our society. With their initiative, vision, and ability to take risks, they are able to transform the environment, generate employment, and contribute to collective well-being. At CaixaBank, we firmly believe in their role as drivers of economic and social progress. That is why we are renewing our commitment to them, facilitating access to financing, promoting digitalization, and fostering sustainability as strategic pillars of business growth.”.

For its part, Antonio Garamendi He stressed the need to facilitate access to financing: “Access to financing is the first step in launching a business project and an essential element for its consolidation, so it is fundamental to develop alliances like this if we want to guarantee the strength of our business fabric, especially in the case of SMEs.”. Furthermore, he added that "The challenges in digitalization and sustainability that our companies are currently facing, in a context of particular uncertainty, make it necessary for us to redouble our efforts in supporting them so that they have the necessary resources.".

Over the last decade, the collaboration between CaixaBank and CEOE has allowed channeling more than 170.000 millones de euros towards business growth. CaixaBank's extensive network of offices and specialized services, with 214 business centers and over 2.300 highly qualified professionals, has been key to meeting the diverse needs of the Spanish business sector.

This new line of financing is expected to not only boost digitalization and innovation projects, but also foster the employment creation, sustainable growth and Capabilities of Spanish companies. CaixaBank's ability to offer customized solutions consolidates its position as a preferred partner for businesses in Spain.

With this alliance, CaixaBank and CEOE consolidate their position as drivers of positive change, reaffirming their commitment to quality, innovation, and the sustainability of Spanish business, and marking a significant milestone in the country's economic and social development.