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        GRUPPO BNL SME PG V

        Signature(s)

        Amount
        € 200,000,000
        Countries
        Sector(s)
        Italy : € 200,000,000
        Credit lines : € 200,000,000
        Signature date(s)
        29/06/2006 : € 200,000,000

        Summary sheet

        Release date
        29 March 2006
        Status
        Reference
        Signed | 29/06/2006
        20060104
        Project name
        Promoter - financial intermediary
        Gruppo BNL SME Global Loan V

        Gruppo BNL S.p.A.

        The loan will be channelled to final beneficiaries by the Parent for MLT medium and long-term lending and through the Group's dedicated leasing subsidiary Locafit S.p.A. for leasing finance.

        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        Up to EUR 200 million.
        Not Applicable.
        Location
        Sector(s)
        Description
        Objectives

        Global loan to finance throughout Italy, via leasing schemes or term lending, SME initiatives and other small and medium-sized projects in the sector of energy, environment and human capital.

        To sustain small and medium-sized projects contributing to the reinforcement of the productivity and competitiveness of smaller SMEs as well as other investments compliant with the EIB’s eligibility criteria.

        Environmental aspects
        Procurement

        Complying with EU and national legislation on environmental protection and right of on-site inspection.

        Complying with EU procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EU directives do not apply.

        Disclaimer

        Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
        They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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