Signature(s)
Amount
€ 50,000,000
Countries
Sector(s)
Italy
: € 50,000,000
Credit lines
: € 50,000,000
Signature date(s)
23/05/2018 : € 50,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
6 March 2018
Status
Reference
Signed | 23/05/2018
20180056
Project name
Promoter - financial intermediary
BP ALTO ADIGE LOAN FOR SMES AND MIDCAPS II
BANCA POPOLARE DELL'ALTO ADIGE SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
Not applicable.
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The project consists of a loan facility for the financing of projects promoted by small and medium-sized enterprises (SMEs) and Mid-caps mainly in Italy under the EU Programme Loan for SMEs and Midcaps. At least 70% of the loan will be allocated to SME investments. The balance could finance eligible projects promoted by Mid-caps.
This operation will improve competitiveness and access to finance at favourable conditions by Italian SMEs and Mid-Caps.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Related projects
Link to source
Summary sheet
Other links
Data sheet