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    Signature(s)

    Amount
    € 120,000,000
    Countries
    Sector(s)
    Italy : € 120,000,000
    Credit lines : € 120,000,000
    Signature date(s)
    24/05/2013 : € 20,000,000
    25/07/2011 : € 40,000,000
    27/07/2012 : € 60,000,000
    Link to source

    Summary sheet

    Release date
    16 May 2011
    Status
    Reference
    Signed | 25/07/2011
    20100709
    Project name
    Promoter - financial intermediary
    Intesa Sanpaolo Social Activities

    The EIB funds will be channelled to final beneficiaries by Intesa Sanpaolo S.p.A. (ISP) and by Banca Prossima S.p.A.

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 120 million
    Not applicable
    Location
    Sector(s)
    Description
    Objectives

    Credit Line to finance small and medium-sized projects in healthcare and education in the non-profit sector through Banca Prossima, the Bank of the Group dedicated to the tertiary sector and not-for-profit organisations. Part of the facility will be specifically earmarked (EUR 20 million) to support student loan schemes, managed by Intesa Sanpaolo through the bridge student loan project.

    Improving access to finance at favourable conditions.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable EU or national legislation, as appropriate.

    Link to source

    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).

    News & Stories

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