Search En menu ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages
    Reference: 20200291
    Release date: 19 June 2020

    Promoter – Financial Intermediary

    UNIONE DI BANCHE ITALIANE SPA

    Location

    Description

    The project, which is part of the EIB response to the COVID-19 crisis, in cooperation with the EU Member States and the European Commission, consists in an EUR 100m funding line under the EU Programme Loan Response to COVID 19 Crisis for SMEs and midcaps.

    Objectives

    The operation aims at mitigating the negative economic impact for SMEs and midcaps affected by the pandemic outbreak, by supporting their working capital and liquidity needs.

    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 - 5/08/2020

    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