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    Reference: 20190604
    Release date: 18 September 2019

    Promoter – Financial Intermediary

    BANCO BPM SPA

    Location

    Description

    The project consists of a loan to BBPM to enhance access to finance at favourable conditions for SMEs and Midcaps operating in the field of agriculture and bioeconomy.

    Objectives

    This project will improve competitiveness and availability of finance for the target beneficiaries. At least 10% of total financing will be dedicated to young farmers and a 5% contribute to climate mitigation and adaptation.

    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 national and EU legislation, as appropriate.

    Procurement

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

    Status

    Signed - 29/11/2019

    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).

    Related tags

    Italy Credit lines