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SANPAOLO IMI GROUP SME PG

Signature(s)

Amount
€ 150,000,000
Countries
Sector(s)
Italy : € 150,000,000
Credit lines : € 150,000,000
Signature date(s)
15/07/2002 : € 75,000,000
13/02/2003 : € 75,000,000
Link to source
Data sheet
SANPAOLO IMI GROUP SME PG
Other links
Summary sheet
Sanpaolo IMI Group SME GL

Summary sheet

Release date
18 May 2002
Status
Reference
Signed | 15/07/2002
20010440
Project name
Promoter - financial intermediary
Sanpaolo IMI Group SME GL
Sanpaolo IMI S.p.A., the parent company of the SPIMI banking group.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 150m.
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 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 reduction of pollution.

Environmental aspects
Procurement

Contractual documentation complies with the Bank's rules 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
Summary sheet
Sanpaolo IMI Group SME GL
Other links
Data sheet
SANPAOLO IMI GROUP SME PG

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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