Release date: 19 February 2014
Promoter – Financial Intermediary
CASSA CENTRALE BANCA - CREDITO COOPERATIVO DEL NORD EST SPALocation
Description
Dedicated loan for SMEs to finance SME investments, for at least 70% of the total amount, via term loans in the industry, tourism, agriculture and service sectors. The balance could finance eligible sub-projects under the knowledge economy, energy and environment objectives and midcaps.
Objectives
Improving access to term finance at favourable conditions.
Comments
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 30 million
Total cost (Approximate amount)
not applicable
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 - 10/09/2014
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).