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    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Italy : € 300,000,000
    Credit lines : € 300,000,000
    Signature date(s)
    31/03/2004 : € 25,000,000
    18/10/2002 : € 50,000,000
    24/07/2002 : € 75,000,000
    9/12/2003 : € 150,000,000
    Link to source
    Data sheet

    Summary sheet

    Release date
    18 June 2002
    Status
    Reference
    Signed | 24/07/2002
    20020061
    Project name
    Promoter - financial intermediary
    Monte dei Paschi di Siena Group (Global Loan X)

    Banca Monte dei Paschi di Siena SpA
    Contact point: Dott. Giuseppe Iadicicco
    giuseppe.iadicicco@banca.mps.it

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    Not applicable
    Location
    Sector(s)
    Description
    Objectives

    Financing, also through leasing schemes, of small and medium-sized ventures in industry, tourism and services;financing of small and medium-sized projects in infrastructure, energy, environmental protection and international competitiveness.

    Financement, également au moyen d'opérations de crédit-bail, d'initiatives de petite et moyenne dimension relevant des secteurs de l'industrie, du tourisme et des services ; financement de projets de petite et moyenne dimension dans les domaines des infrastructures, de l'énergie, de la protection de l'environnement et de la compétitivité internationale.

    Environmental aspects
    Procurement

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

    Investments financed under the global loan will comply with EU procurement procedures.

    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

    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.

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    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 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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