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Signature(s)

Amount
€ 120,000,000
Countries
Sector(s)
Italy : € 120,000,000
Credit lines : € 120,000,000
Signature date(s)
18/11/2003 : € 50,000,000
24/05/2002 : € 70,000,000
Link to source

Summary sheet

Release date
8 April 2002
Status
Reference
Signed | 24/05/2002
20010061
Project name
Promoter - financial intermediary
Banca della Marche Global Loan
Name: Banca delle Marche S.p.A., Ancona (BMAR), also through its LMT lending/leasing subsidiary Mediocredito Fondiario Centro Italia S.p.A. Ancona (MCFCI).Contact: Dott. A. Castellani (tel. 0731-539498).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 120 million
EIB finance will cover up to 50% of total project cost for each allocation.
Location
Sector(s)
Description
Objectives

Multipurpose global loan facility to finance, throughout Italy, projects of SMEs in industry, services and tourism; public and private promoters with respect to small and medium-sized projects in infrastructure, energy, health, education and international competitiveness.

To sustain projects aiming to increase the productivity and competitiveness of small and medium-sized enterprises; to promote investments leading to a more rational use of energy and environmental protection; to promote small and medium-sized infrastructure investments of regional or EU interest.

Environmental aspects
Procurement

Contractual documentation complies with European Union Directives on site inspection and environmental considerations.

Projects presented under the loan comply 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

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).

News & Stories

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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.

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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