ANNOUNCEMENT 02 Dec 2010

On 02 December 2010, the EIB provided financing worth EUR 300 million (USD 397 million).

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 02 Dec 2010 | Removal date: open ended

State loan

On 02 December 2010, the European Investment Bank (EIB) and Banca Nazionale Del Lavoro S.p.a. signed an agreement worth EUR 300 million (approx. USD 397 million) for the project Bnl and Bplg Loan for SMEs Ii from Italy.

According to the project description issued by the EIB, Dedicated EIB loan to finance small and medium-sized investments promoted by SMEs via term loans and leasing schemes. A small portion (less than 30%) of the loan might be destined to other eligible projects under the knowledge economy, convergence, energy and environment objectives..

The objective of the project is defined as following: To sustain small and medium-sized projects contributing to the reinforcement of the productivity and competitiveness of smaller SMEs (for at least 70% of the facility amount). Part of the EIB funds could be channelled to projects located in convergence regions..

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

 

AFFECTED PRODUCTS