UBI SOCIAL ACTIVITIES MBIL I

Promoter – Financial Intermediary

UNIONE DI BANCHE ITALIANE SPA

Location

• Italy

Description

Multi-beneficiaries intermediated loan to finance small and medium-sized investments in healthcare and education, as well as other eligible investments in the context of urban requalification programmes or other social impact projects.

Objectives

By financing small and medium-sized projects carried out by SMEs, non-for-profit entities (foundations, associations, cooperatives) and public entities, the project will support the local economy and reinforce an integrated territorial development.

Sector(s)

• Education - Education
• Health - Human health and social work activities
• Services - Other service activities

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 2/02/2018