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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Italy : € 200,000,000
    Credit lines : € 200,000,000
    Signature date(s)
    18/03/2005 : € 25,000,000
    18/03/2005 : € 75,000,000
    14/11/2005 : € 100,000,000
    Link to source

    Summary sheet

    Release date
    3 March 2003
    Status
    Reference
    Signed | 18/03/2005
    20020594
    Project name
    Promoter - financial intermediary
    Unicredito Group SME Global Loan II

    Banca Unicredito Holding Spa, through its subsidiary Banca Mediocredito SpA , Turin
    Contact point: BANCA MEDIOCREDITO: Dott. S. Carletto ph:011.5166.666.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 200 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.

    To sustain projects aiming to increase the productivity 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

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

    Projects presented under the loan to 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

    Link to source

    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 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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