Release date: 6 March 2018
Promoter – Financial Intermediary
BANCA POPOLARE DELL'ALTO ADIGE SPALocation
Description
The project consists of a loan facility for the financing of projects promoted by small and medium-sized enterprises (SMEs) and Mid-caps mainly in Italy under the EU Programme Loan for SMEs and Midcaps. At least 70% of the loan will be allocated to SME investments. The balance could finance eligible projects promoted by Mid-caps.
Objectives
This operation will improve competitiveness and access to finance at favourable conditions by Italian SMEs and Mid-Caps.
Sector(s)
- Credit lines - Credit lines
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 - 23/05/2018
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).