Signature(s)
Amount
€ 200,000,000
Countries
Sector(s)
Italy
: € 200,000,000
Credit lines
: € 200,000,000
Signature date(s)
25/10/2007 : € 80,000,000
28/06/2007 : € 120,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
20 April 2007
Status
Reference
Signed | 28/06/2007
20070092
Project name
Promoter - financial intermediary
MPS Group SME Credit Line XIII
Banca Monte dei Paschi di Siena S.p.A (hereinafter "MPS"), parent company of the fourth largest banking group in Italy with 1,884 branches and EUR 154.5 bn of total assets at end-September 2006.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 200 million.
Not applicable.
Location
Sector(s)
Description
Objectives
Specialised credit line to finance, via leasing schemes or MLT lending, SME initiatives throughout Italy. A portion of the facility will be earmarked to investments located in convergence regions.
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 relevant 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.
Link to source
Summary sheet
Other links
Data sheet