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Signature(s)

Amount
€ 70,000,000
Countries
Sector(s)
Italy : € 70,000,000
Credit lines : € 70,000,000
Signature date(s)
10/05/2007 : € 20,000,000
30/06/2006 : € 50,000,000
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Summary sheet

Release date
4 April 2006
Status
Reference
Signed | 30/06/2006
20050528
Project name
Promoter - financial intermediary
MC Del Fruili-Venezia Giulia SME PG
Mediocredito del Friuli-Venezia Giulia S.p.A. is a medium- and long-term lending bank operating in North-East Italy. Established as a public law institution in 1957, MCFVG has been a joint-stock company since 1993.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 70 million
Not Applicable.
Location
Sector(s)
Description
Objectives

Global loan for the financing, both through medium and long-term lending and leasing schemes, of SME investments as well as small and medium sized projects in infrastructure, energy, environment and human capital/i2i sectors.

At least 70% will be utilised in favour of SMEs.

To sustain mainly projects aiming to reinforce the productivity and competitiveness of SMEs as well as other investments compliant with the EU eligibility criteria.

Environmental aspects
Procurement

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

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.

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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).

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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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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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