Reference: 20170679
Release date: 26 October 2017

Promoter – Financial Intermediary

BANCA POPOLARE DI BARI SCPA, BANCA POPOLARE DI BARI SCPA

Location

Description

Dedicated EIB loan to finance small and medium-sized enterprises (SMEs) for at least 70% of the loan amount in the industry, services, tourism and agriculture sectors, with up to 30% to finance mid-caps, via long-term loans, mainly in Italy.

Objectives

This intermediated loan will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 150 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 - 23/02/2018

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Italy Credit lines