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Reference: 20020537
Release date: 3 March 2003

Promoter – Financial Intermediary

Banca Nazionale del Lavoro SpA (BNL), through its subsidiaries Locafit SpA (leasing) and Artigiancassa SpA (crafts financing).

Contact point ARTIGIANCASSA: Dott Pelli : 06.5845.414
Contact point LOCAFIT: Dott. Vinci : 0348. 7916.499

Location

Description

Global loan for the financing of micro-firms and SMEs in industry, tourism and services.

Objectives

To sustain projects contributing to reinforce the productivity and competitiveness of SMEs throughout the country, aiming at investments realised by small enterprises and micro-firms through leasing schemes.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 350 million.

Total cost (Approximate amount)

EIB finance will cover up to 50% of total project cost for each allocation.

Environmental aspects

Contractual documentation complies with domestic and EU Directives on environmental considerations. Possibility of on site inspection.

Procurement

Projects presented under the loan to comply with EU procurement procedures. For large investments the Bank recommends that international bidding procedures be followed whenever possible, even if EU directives do not apply.

Status

Signed - 17/07/2003

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).

Related tags

Italy Credit lines