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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Italy : € 100,000,000
Credit lines : € 100,000,000
Signature date(s)
12/12/2007 : € 50,000,000
29/06/2005 : € 50,000,000
Link to source

Summary sheet

Release date
18 March 2005
Status
Reference
Signed | 29/06/2005
20040050
Project name
Promoter - financial intermediary
Banca Popolare di Sondrio Global Loan III

BANCA POPOLARE DI SONDRIO SCARL
Contact:
Dott. Fabio Cereghini
Piazza Garibaldi, 16
I-23100 Sondrio

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100.00 million
EIB finance will cover up to 50% of total project cost for each allocation
Location
Sector(s)
Description
Objectives

Global loan for the financing of small and medium-sized ventures in Italy.

Financing, throughtout Italy, of small and medium-sized projects promoted by SMEs in industry, tourism and services; projects related to infrastructure as well as small and medium-sized ventures concerning energy, environmental protection and i2i.

Environmental aspects
Procurement

Complying with EU and national legislation on environmental protection.

Complying 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.

Comments

Industry, tourism and services, infrastructures, education and health

Link to source
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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 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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