Summary sheet
- Credit lines - Credit lines
The project supports the measures of Regione Piemonte aimed at strengthening local private sector entities by addressing their working capital and investment needs.
The operation aims to provide funding to acceptable intermediaries to provide financing to private sector entities, across EIB eligible sectors in the Regione Piemonte territory (Italy). A portion of the operation might also contribute to other EIB policy objectives, which will be assessed during the appraisal.
The proposed 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.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.