Release date: 14 May 2020
Promoter – Financial Intermediary
CREDIT AGRICOLE FRIULADRIA SPA,CREDIT AGRICOLE ITALIA SPA,CREDIT AGRICOLE LEASING ITALIA SRLLocation
Description
The operation consists in an EUR 200 million funding line under the EU Programme Loan Response to COVID-19 Crisis for SMEs and midcaps.
Objectives
The aim is to enhance access to finance to the target beneficiaries affected by the pandemic crisis.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 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 - 6/08/2020
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).