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UC COVID-19 RESPONSE FOR SMES & MIDCAPS

Signature(s)

Amount
€ 200,000,000
Countries
Sector(s)
Italy : € 200,000,000
Credit lines : € 200,000,000
Signature date(s)
6/08/2020 : € 200,000,000
Link to source

Summary sheet

Release date
29 April 2020
Status
Reference
Signed | 06/08/2020
20200269
Project name
Promoter - financial intermediary
UC COVID-19 RESPONSE FOR SMES & MIDCAPS
UNICREDIT LEASING SPA,UNICREDIT SPA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
not applicable
Location
Sector(s)
Description
Objectives

The project consists of a loan helping small and medium sized enterprises (SMEs) and Midcaps to conunter the impact of the COVID-19 epidemic. This is part of the EIB contribution, in cooperation with Member States and the European Commission, in mitigating the negative economic impact of the virus outbreak.

The operation aims at supporting working capital and liquidity needs of SMEs and Midcaps affected by thea COVID-19 epidemic.

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

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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Alternatively, the EIB can be contacted through its external offices.
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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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