Release date: 8 January 2026
Promoter – Financial Intermediary
ICCREA BANCA SPA - ISTITUTO CENTRALE DEL CREDITO COOPERATIVOLocation
Description
The project consists of a Multi Beneficiary Intermediated Loan (MBIL) to support small and medium-sized enterprises (SMEs) and MidCaps investments in Italy through ICCREA banking network.
Objectives
The aim is to enhance access to finance to the final beneficiaries, with 25% allocated to support those active in the agriculture and bioeconomy sectors.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Under appraisal - 18/07/2025