ANNOUNCEMENT 28 Jun 2012

On 28 June 2012, the EIB provided financing worth EUR 400 million (USD 501 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 28 Jun 2012 | Removal date: open ended

State loan

On 28 June 2012, the European Investment Bank (EIB) and Intesa Sanpaolo Spaleasint Spamediocredito Italiano Spa signed an agreement worth EUR 400 million (approx. USD 501 million) for the project Intesa Sanpaolo Loan for SMEs Iv from Italy.

According to the project description issued by the EIB, Dedicated EIB loan to finance SME investments throughout Italy via MLT lending and leasing schemes.

The objective of the project is defined as following: The facility will be entirely dedicated to the financing of SME projects..

A state act in the GTA database is assessed solely in terms of the extent to which its implementation affects foreign commercial interests. On this metric, the investment support granted here is discriminatory.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A