Release date: 16 May 2011
Promoter – Financial Intermediary
The EIB funds will be channelled to final beneficiaries by Intesa Sanpaolo S.p.A. (ISP) and by Banca Prossima S.p.A.
Location
Description
Credit Line to finance small and medium-sized projects in healthcare and education in the non-profit sector through Banca Prossima, the Bank of the Group dedicated to the tertiary sector and not-for-profit organisations. Part of the facility will be specifically earmarked (EUR 20 million) to support student loan schemes, managed by Intesa Sanpaolo through the bridge student loan project.
Objectives
Improving access to finance at favourable conditions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 120 million
Total cost (Approximate amount)
Not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.
Status
Signed - 25/07/2011
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).