Release date: 5 May 2008
Promoter – Financial Intermediary
Unione di Banche Italiane Scpa (UBI) and other banks of the UBI Banca group.Location
Description
Line of credit to finance, via leasing schemes or MLT lending, eligible investments promoted by small and medium-sized enterprises throughout Italy.
Objectives
To sustain small and medium-sized projects contributing to the reinforcement of the productivity and competitiveness of smaller SMEs (for at least 70% of the facility amount). Part of the EIB funds will be channelled to projects located in convergence regions.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 300 million.
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Complying with EU and national legislation on environmental protection.
Procurement
Complying with EU procurement procedures.
Status
Signed - 23/06/2008
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).