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    Signature(s)

    Amount
    € 400,000,000
    Countries
    Sector(s)
    Italy : € 400,000,000
    Credit lines : € 400,000,000
    Signature date(s)
    18/10/2018 : € 100,000,000
    31/05/2018 : € 300,000,000
    Link to source
    Other links

    Summary sheet

    Release date
    14 March 2018
    Status
    Reference
    Signed | 31/05/2018
    20180123
    Project name
    Promoter - financial intermediary
    UBI GROUP LOAN FOR SMES AND MID-CAPS II
    UBI LEASING SPA,UNIONE DI BANCHE ITALIANE SPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 400 million
    Not applicable.
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a loan dedicated to financing small and medium sized enterprises (SMEs) and mid-caps (for up to 30% of the amount) operating in various industrial, agriculture, tourism and services sectors in Italy via term loans and leasing schemes.

    The project will facilitate access to financing of small and medium-sized eligible projects in Italy for small and medium-sized enterprises (SMEs, between 50 and 249 employees) and mid-caps (between 250 and 2999 employees) operating in various industrial sectors as well as in agriculture, tourism and services sectors in Italy.

    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

    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 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.

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