Release date: 8 August 2011
Promoter – Financial Intermediary
Banco Popolare SC and other entities of the Banco Popolare group
Location
Description
Dedicated EIB loan to finance eligible SME projects in Italy.
Objectives
Improving access to term finance at attractive conditions, the EIB loan will finance eligible investments promoted by SMEs in the industry, services and tourism sectors for at least 70% of the amount. The balance could finance eligible projects under the knowledge economy, convergence, energy and environment objectives as well as mid-caps.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 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 - 17/11/2011
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).