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BANCA SELLA SME LOAN & OTHER PRIOR III

Summary sheet

Release date
26 March 2012
Status
Reference
Signed | 22/10/2012
20110606
Project name
Promoter - financial intermediary
BANCA SELLA SME LOAN & OTHER PRIOR III
Banca Sella Holding S.p.A. and/or one or several of the main operating subsidiaries of Banca Sella group, a private banking group with main operations in the north of Italy and, to a small extent, also in the centre and south of Italy.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 70 million
Not applicable.
Location
Sector(s)
Description
Objectives

EIB loan to finance eligible projects of SMEs in industry, services and tourism sectors for at least 70% of the amount. The residual amount may be utilised to finance eligible projects in the energy, environment, and knowledge economy sectors as well as in convergence areas and midcaps.

Improving access to term finance at favourable conditions..

Environmental aspects
Procurement

Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.

Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.

Link to source
Summary sheet
BANCA SELLA SME LOAN & OTHER PRIOR III

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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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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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