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Reference: 20090214
Release date: 20 May 2009

Promoter – Financial Intermediary

Banca Piccolo Credito Valtellinese SC ("Creval") and/or its operating subsidiaries.

Location

Description

EIB loan for SMEs to finance eligible projects of SMEs in Italy for at least 70% of the loan amount and eligible projects in the energy, environment, human capital and infrastructure sectors for the balance.

Objectives

The loan will finance investments of small/medium scale promoted by SMEs/other private or public entities throughout Italy, according to the Bank’s eligibility criteria.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 200 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 - 15/09/2009

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).

Related tags

Italy Credit lines