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Italy: EIF provides a EUR 150 million loan guarantee to Banca Sistema

Description

On 24 January 2022, the European Investment Fund granted a EUR 150 (USD 169) million loan guarantee to Banca Sistema in order to support the Italian economy. This operation will allow Banca Sistema to...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Jan 2022

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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