Release date: 15 April 2009
Promoter – Financial Intermediary
A number of Banche di Credito Cooperativo (BCC) to be identified under the coordination of ICCREA banking group.Location
Description
EIB loan for SMEs to finance, via the retail network of the Banche di Credito Cooperativo, eligible projects of SMEs in Italy.
Objectives
Financing of investments of small/medium scale by SMEs mainly in industry, services and tourism.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 350 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 18/12/2009
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).