Project Notice |
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| PNR | 68479 |
| Project Name | BPS AGRI LOAN FOR SMES AND MIDCAPS |
| Project Detail | The operation consists in a lending facility in the form of a covered bond to Banca Popolare di Sondrio (BPS) along other eligible financial institutions in Italy under a system of double intermediation in order to have regional capillarity and achieve a minimum of 30% of cohesion target (on best effort basis). Objectives The aim is to support investments and working capital needs of small and medium-sized enterprises (SMEs) and mid-caps operating in the agricultural and bioeconomy sectors. At least 30% will be used to finance eligible Climate Action and Environment Sustainability sub-projects. Sector(s) Credit lines - Credit lines Proposed EIB finance (Approximate amount) EUR 200 million Total cost (Approximate amount) not applicable |
| Funded By | European Investment Bank (EIB) |
| Sector | Banking & Finance |
| Country | Italy , Southern Europe |
| Project Value | Plz Refer Document |
Contact Information |
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| Company Name | European Investment Bank (EIB) |
| Web Site | https://www.eib.org/en/projects/pipelines/all/20240689 |
