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UBI SOCIAL ACTIVITIES MBIL

Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Italy : € 50,000,000
Services : € 10,000,000
Education : € 20,000,000
Health : € 20,000,000
Signature date(s)
2/02/2018 : € 10,000,000
2/02/2018 : € 20,000,000
2/02/2018 : € 20,000,000
Link to source
Data sheet
UBI SOCIAL ACTIVITIES MBIL
Other links
Summary sheet
UBI SOCIAL ACTIVITIES MBIL I

Summary sheet

Release date
24 August 2017
Status
Reference
Signed | 02/02/2018
20170476
Project name
Promoter - financial intermediary
UBI SOCIAL ACTIVITIES MBIL I
UNIONE DI BANCHE ITALIANE SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
Not applicable.
Location
Sector(s)
Description
Objectives

Multi-beneficiaries intermediated loan to finance small and medium-sized investments in healthcare and education, as well as other eligible investments in the context of urban requalification programmes or other social impact projects.

By financing small and medium-sized projects carried out by SMEs, non-for-profit entities (foundations, associations, cooperatives) and public entities, the project will support the local economy and reinforce an integrated territorial development.

Environmental aspects
Procurement

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

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

Link to source
Summary sheet
UBI SOCIAL ACTIVITIES MBIL I
Other links
Data sheet
UBI SOCIAL ACTIVITIES MBIL

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).

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 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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