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
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.