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    Reference: 20200299
    Release date: 20 May 2020

    Promoter – Financial Intermediary

    BANCA NAZIONALE DEL LAVORO SPA,BNL LEASING SPA

    Location

    Description

    The project consists of a loan to support SMEs and midcaps affected by the pandemic, as part of the EU Programme Loan Response to COVID-19 crisis.

    Objectives

    The aim is to enhance access to finance to SMEs and midcaps to support their working capital and liquidity needs. The operation is part of the EIB contribution, in cooperation with the EU Member States and the European Commission, in mitigating the negative economic impact of the COVID-19 outbreak on small businesses .

    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 - 24/11/2020

    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