Release date: 19 September 2012
Promoter – Financial Intermediary
Banca Piccolo Credito Valtellinese S.C. (Creval) and its subsidiaries in co-debtorship with the parent (Creval).Location
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)
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
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).