BP Cividale Loan for SMEs

Promoter – Financial Intermediary

The EIB funds will be channelled to final beneficiaries by Banca Popolare di Cividale S.C.p.A. and its subsidiaries.

Location

• Italy

Description

EIB loan to finance eligible SME projects in Italy.

Objectives

The loan for SMEs will finance SME investments for at least 70% of the total amount in the industry, services and tourism sectors. The balance could finance eligible projects under the knowledge economy, energy and environment objectives, and mid-caps.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 50 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 - 30/06/2011