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    Reference: 20190658
    Release date: 18 November 2019

    Promoter – Financial Intermediary

    BANCA DI CIVIDALE SCPA

    Location

    Description

    EIB loan dedicated to small and medium-sized enterprises (SMEs) and mid-caps (for up to 30% of the amount), operating in various industrial, agriculture, tourism and services sectors in Italy via term loans and leasing schemes. This operation will also contribute to mitigating the effects of the COVID-19 pandemic as a large portion of the new SME portfolio (estimated at around 50%) will originate in the severely affected regions of Veneto and Friuli Venezia Giulia.

    Objectives

    Financing of small/medium projects carried out by small and medium-sized enterprises (SMEs).

    Sector(s)

    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 - 4/12/2020

    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