Release date: 16 October 2006
Promoter – Financial Intermediary
Cassa Centrale delle Casse Rurali Trentine e delle Banche di Credito Cooperativo del Nord Est S.p.A. (Cassa Centrale - CCCRT).
EIB funds will be channelled to final beneficiaries through the CCCRT and the Casse Rurali, a network of local cooperative banks, forming the backbone of the regional banking system in Trentino.
Location
Description
Global loans to finance SME initiatives and other small and medium-sized projects in the sector of energy, environment and infrastructure, as well as 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 50 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 - 28/12/2006
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).