Release date: 10 May 2016
Promoter – Financial Intermediary
BANCA DEL MEZZOGIORNO - MEDIOCREDITO CENTRALE SPALocation
Description
The loan will finance small and medium-sized enterprise (SME) investments for at least 70% of the total amount in the industry, services, agriculture and tourism sectors with up to 30% for mid-caps.
Objectives
Financing of small/medium projects carried out by small and medium-sized enterprises.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 50 million
Total cost (Approximate amount)
Not applicable.
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 26/11/2016
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).