The European Investment Bank and the Italian bank Cassa Depositi e Prestiti have signed a €200 million loan agreement to promote lending to Italian mid-cap companies.
This is the first EIB credit line to Italian mid-caps through this bank. The financing is available under advantageous conditions to all sectors in the Italian business environment.
In total, Cassa Depositi e Prestiti will support up to 20 mid-cap companies in Italy through this loan. As a rule of thumb, the EIB financing can be used to cover only 50% of any supported project by the Italian bank.