Global Trade Alert
Global Trade Alert

Italy: EIB and Banco BPM sign an asset-backed security programme to support Italian SMEs and mid-caps (COVID-19)

Announcement

18 Dec 2020

In December 2020, the European Investment Bank (EIB) signed an asset-backed security programme with Banco BPM S.p.A., with proposed funding of EUR 150 million (approx. USD 183.5 million), to support SMEs and mid-caps affected by the COVID-19 pandemic in Italy.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Dec 2020

Revocation date:

No revocation date

Updated: 18 Dec 2020
Lending support In force

On 18 December 2020, the European Investment Bank (EIB) and Banco BPM signed an asset-backed security programme to support SMEs and mid-caps negatively affected by the COVID-19 pandemic in Italy. T...

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