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    Reference: 20230199
    Release date: 29 August 2023

    Promoter – Financial Intermediary

    INTESA SANPAOLO SPA

    Location

    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)

    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

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Italy Credit lines