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)
- 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 - 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).