Release date: 7 July 2004
Promoter – Financial Intermediary
Gruppo Banca Nazionale del LavoroLocation
Description
Global loan for the financing of micro-firms and SMEs in industry, tourism and services.
Objectives
To sustain projects contributing to reinforce the productivity and competitiveness of SMEs throughout the country, aiming at investments realised by small enterprises and micro-firms through leasing schemes.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 200 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 - 3/12/2004
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).