CREVAL LOAN FOR SMES & OTHER PRIOR II

Promoter – Financial Intermediary

Banca Piccolo Credito Valtellinese S.C. (Creval) and its subsidiaries in co-debtorship with the parent (Creval).

Location

• Italy

Description

Financing of small/medium projects carried out by small and medium sized enterprises as well as mid-caps.

Objectives

Dedicated EIB loan to finance SME investments throughout Italy via MLT loans at favourable conditions in the industry, services and tourism sectors for at least 70% of the total amount. The balance could finance eligible projects under the knowledge economy, energy, convergence and environment objectives as well as mid-caps.

Comments

N/A

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 100 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 national and EU legislation, as appropriate.

Status

Signed - 12/02/2014