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        BANCA DELLE MARCHE PG

        Signature(s)

        Amount
        € 120,000,000
        Countries
        Sector(s)
        Italy : € 120,000,000
        Credit lines : € 120,000,000
        Signature date(s)
        18/11/2003 : € 50,000,000
        24/05/2002 : € 70,000,000
        Other links
        Related press
        EUR 120 mio to Banca delle Marche in Italy

        Summary sheet

        Release date
        8 April 2002
        Status
        Reference
        Signed | 24/05/2002
        20010061
        Project name
        Promoter - financial intermediary
        Banca della Marche Global Loan
        Name: Banca delle Marche S.p.A., Ancona (BMAR), also through its LMT lending/leasing subsidiary Mediocredito Fondiario Centro Italia S.p.A. Ancona (MCFCI).Contact: Dott. A. Castellani (tel. 0731-539498).
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 120 million
        EIB finance will cover up to 50% of total project cost for each allocation.
        Location
        Sector(s)
        Description
        Objectives

        Multipurpose global loan facility to finance, throughout Italy, projects of SMEs in industry, services and tourism; public and private promoters with respect to small and medium-sized projects in infrastructure, energy, health, education and international competitiveness.

        To sustain projects aiming to increase the productivity and competitiveness of small and medium-sized enterprises; to promote investments leading to a more rational use of energy and environmental protection; to promote small and medium-sized infrastructure investments of regional or EU interest.

        Environmental aspects
        Procurement

        Contractual documentation complies with European Union Directives on site inspection and environmental considerations.

        Projects presented under the loan comply with EU procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EU directives do not apply.

        Other links
        Related press
        EUR 120 mio to Banca delle Marche in Italy

        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).

        News & Stories

        Link to source
        Related press
        EUR 120 mio to Banca delle Marche in Italy
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        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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