Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
Italy
: € 100,000,000
Credit lines
: € 100,000,000
Signature date(s)
14/03/2008 : € 100,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
27 November 2007
Status
Reference
Signed | 14/03/2008
20070359
Project name
Promoter - financial intermediary
Credito Valtellinese SME PG II
Credito Valtellinese SC, operating parent company of the Credito Valtellinese group, a mid-sized regional cooperative banking group, with 388 branches and operations concentrated mainly in Lombardy and Sicily.
For on-lending directly or through the group's subsidiaries (Mediocreval SpA, Credito Artigiano SpA, Credito Siciliano SpA and Banca dell'Artigianato e dell'Industria SpA).
For on-lending directly or through the group's subsidiaries (Mediocreval SpA, Credito Artigiano SpA, Credito Siciliano SpA and Banca dell'Artigianato e dell'Industria SpA).
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million.
Not applicable.
Location
Sector(s)
Description
Objectives
Line of credit to finance SME investments throughout Italy.
For at least 70% of the facility amount, to support small and medium-sized investments contributing to the reinforcement of the productivity and competitiveness of SMEs. The balance could be utilised also to sustain other small and medium sized eligible projects according to EIB standard criteria.
Environmental aspects
Procurement
Complying with EU and national legislation on environmental protection and right of on-site inspection.
Complying with EC procurement procedures.
Link to source
Summary sheet
Other links
Data sheet