Release date: 23 October 2006
Promoter – Financial Intermediary
Banche Popolari Unite - BPU Banca Scpa, parent company of the largest co-operative banking group in Italy with 1,184 branches and EUR 68.9bn of total assets at end 2005.
For on-lending directly or through the group's subsidiaries (BPU Esaleasing S.p.A., Centrobanca S.p.A., Banca Popolare di Bergamo S.p.A., Banca Popolare di Ancona S.p.A., Carime S.p.A.).
Location
Description
Global loan to finance throughout Italy, via leasing schemes or MLT lending, SME initiatives and other small and medium-sized projects in the sector of energy, environment and infrastructure, including human capital.
Objectives
To sustain small and medium-sized projects contributing to the reinforcement of the productivity and competitiveness of smaller SMEs as well as other investments compliant with the EIB’s eligibility criteria.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to EUR 150 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Complying with EU and national legislation on environmental protection and right of on-site inspection.
Procurement
Complying 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 - 12/12/2006
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).