Reference:
20230199
Release date: 29 August 2023
Release date: 29 August 2023
Promoter – Financial Intermediary
INTESA SANPAOLO SPALocation
Description
The operation consists of a loan to Intesa Sanpaolo to provide finance for small and medium enterprises (SMEs) and mid-caps in the agricultural and bioeconomy sector. At least 15% of the loan amount will be dedicated to Climate Action Environment Sustainability.
Objectives
The aim is to enhance access to finance for the target beneficiaries.
Sector(s)
- Credit lines - Credit lines
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 - 22/12/2023
Milestone
Under appraisal
Approved
Signed
13 October 2023
22 December 2023