Release date: 8 March 2019
Promoter – Financial Intermediary
CREDIT AGRICOLE ITALIA SPALocation
Description
The project consists of a dedicated EIB Loan to finance small and medium-sized enterprises (SMEs) – at least 70% of the total amount – and mid-caps – up to 30% of the total amount – operating in the industrial, services, tourism and agriculture sectors via medium-long term (MLT) lending and leasing schemes.
Objectives
This project will improve competitiveness and access to finance at favourable conditions for SMEs and mid-caps.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 150 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 - 28/05/2019
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).