Release date: 16 September 2004
Promoter – Financial Intermediary
Name: Banca delle Marche
Contact: Dott. A. Castellani (tel. 0731.539.498).
Location
Description
Global loan facility to finance, via term loans and leasing schemes, projects of SMEs (less than 250 employees) in industry, services and tourism as well as eligible small and medium-sized investments in energy, environmental protection and i2i sectors.
Objectives
To sustain mainly projects aiming to reinforce the productivity and competitiveness of SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 100 million.
Total cost (Approximate amount)
EIB finance will cover up to 50% of total project cost for each allocation.
Environmental aspects
Complying with EU and national legislation on environmental protection.
Procurement
Complying 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.
Status
Signed - 29/11/2004