Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
Italy
: € 100,000,000
Credit lines
: € 100,000,000
Signature date(s)
11/10/2019 : € 100,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
15 July 2019
Status
Reference
Signed | 11/10/2019
20190445
Project name
Promoter - financial intermediary
ISP AGRICULTURE LOAN FOR SMES AND MIDCAPS
MEDIOCREDITO ITALIANO SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project concerns a loan to finance small and medium sized enterprises (SMEs) and Midcaps operating in the field of agriculture and bioeconomy. At least 10% of the total loan amount will be dedicated to young farmers.
The purpose of the operation is to increase competitiveness and access to finance at favorable conditions for SMEs and Midcaps in the sector.
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.
Related projects
Link to source
Summary sheet
Other links
Data sheet