Release date: 30 January 2025
Promoter – Financial Intermediary
BANCA DI CIVIDALE SPA,CASSA DI RISPARMIO DI BOLZANO SPALocation
Description
The loan facility will finance projects promoted by small and medium-sized enterprises (SMEs) and mid-caps in Italy. At least 70% of the loan will be allocated to SMEs investments, while at least 40% of the facility will be dedicated to Climate Action and Environmental Sustainability projects.
Objectives
The aim is to finance eligible small/medium projects carried out by the final beneficiaries.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 150 million
Total cost (Approximate amount)
not applicable
Environmental aspects
The operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 12/05/2025