Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Italy : € 200,000,000
    Credit lines : € 200,000,000
    Signature date(s)
    11/06/2009 : € 200,000,000
    Link to source

    Summary sheet

    Release date
    10 October 2008
    Status
    Reference
    Signed | 11/06/2009
    20080088
    Project name
    Promoter - financial intermediary
    Banco Popolare Loan for SMEs

    Banco Popolare s.c., holding company of the Banco Popolare group, which has been created upon the merger of Banco Popolare di Verona e Novara and Banca Popolare Italiana. Banco Popolare is the third largest Italian banking group in terms of branch network and forth in terms of total assets.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million.
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    Line of credit to finance eligible projects of SMEs in Italy.

    Financing of investments of small and medium enterprises in Italy for at least 70% of the facility amount. The balance could finance eligible projects under the convergence, knowledge-economy, energy and environment objectives.

    Environmental aspects
    Procurement

    The borrowers will be requested to ensure compliance of projects financed under the line of credit with applicable national and EU legislation.

    The borrowers will be requested to ensure compliance of projects financed under the line of credit with applicable national and EU legislation.

    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

    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.

    Related publications