Release date: 23 April 2007
Promoter – Financial Intermediary
Banca Agrileasing S.p.A ("Agrileasing"), part of the Gruppo Bancario ICCREA ("ICCREA group") and main leasing arm of the Italian cooperative banking system (some 3,400 branches). With over 17,900 new leasing contracts signed in 2006 for a total value of EUR 2.7bn, 25-year's of experience in the market and capillary distribution network, Agrileasing is among the top five leasing distributors in Italy.Location
Description
Credit line for the financing via leasing schemes of small and medium-sized projects promoted by SMEs in industry, services and tourism throughout Italy.
Objectives
To sustain small and medium-sized projects contributing to the reinforcement of the productivity and competitiveness of SMEs.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 350 million.
Total cost (Approximate amount)
About EUR 700 million.
Environmental aspects
Complying with EU and national legislation on environmental protection and right of on-site inspection.
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 - 13/11/2007
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).