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