EIB - European Investment Bank

12/12/2022 | Press release | Archived content

Digitalisation of Spanish SMEs

Digitalisation of business processes is key to the competitiveness and sustainability of SMEs. Many SMEs in Spain lack the tools and skills required for digitalisation and do not plan to invest in the next three years. While funding has not been the main problem for SME digitalisation, there is still room for improvement, with Spanish SMEs relying very heavily on bank financing.