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    Signature(s)

    Amount
    € 30,000,000
    Countries
    Sector(s)
    Italy : € 30,000,000
    Credit lines : € 30,000,000
    Signature date(s)
    4/12/2020 : € 30,000,000
    Link to source
    Other links

    Summary sheet

    Release date
    18 November 2019
    Status
    Reference
    Signed | 04/12/2020
    20190658
    Project name
    Promoter - financial intermediary
    BC - COVID-19 LOAN FOR SMES AND MIDCAPS
    BANCA DI CIVIDALE SCPA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 30 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    EIB loan dedicated to 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. This operation will also contribute to mitigating the effects of the COVID-19 pandemic as a large portion of the new SME portfolio (estimated at around 50%) will originate in the severely affected regions of Veneto and Friuli Venezia Giulia.

    Financing of small/medium projects carried out by small and medium-sized enterprises (SMEs).

    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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