Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
Italy
: € 100,000,000
Credit lines
: € 100,000,000
Signature date(s)
29/11/2019 : € 100,000,000
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Data sheet
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Summary sheet
Release date
18 September 2019
Status
Reference
Signed | 29/11/2019
20190604
Project name
Promoter - financial intermediary
BBPM AGRICULTURE LOAN FOR SMES AND MIDCAPS
BANCO BPM 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 consists of a loan to BBPM to enhance access to finance at favourable conditions for SMEs and Midcaps operating in the field of agriculture and bioeconomy.
This project will improve competitiveness and availability of finance for the target beneficiaries. At least 10% of total financing will be dedicated to young farmers and a 5% contribute to climate mitigation and adaptation.
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
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Summary sheet
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News & Stories
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