BP ALTO ADIGE LOAN FOR SMES & OTHER PRIORITIES

Promoter – Financial Intermediary

BANCA POPOLARE DELL'ALTO ADIGE

Location

• Italy

Description

Dedicated loan for SMEs to finance SME investments, for at least 70% of the total amount, via term loans. The balance could finance eligible sub-projects under the knowledge economy, energy and environment objectives as well as mid-caps.

Objectives

Improving access to term finance at favourable conditions.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

EUR -1 million

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 3/02/2014