Announcement
02 Dec 2021
On 2 December 2021, the EIB provided financing worth EUR 60 million (USD 67 million) to Italian private bank Illimity Bank S.p.A in order to support Italian companies in the context of the Covid-19 pandemic.
Source
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
Implementation date
02 Dec 2021
Revocation date:
No revocation date
The EIB's EUR 60 million (approx. USD 67 million) loan with Illimity Bank Spa signed on 2 December 2021 was backed by the European Guarantee Fund (EGF).
The EGF was cre...
On 2 December 2021, the European Investment Bank (EIB), the European Investment Fund (EIF) and Illimity Bank Spa signed a loan agreement worth EUR 60 million (approx. USD 67 million) for ...
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