Global Trade Alert
Global Trade Alert

Italy and Spain: EIF announces EUR 164 million loan guarantee to Banca Etica

Announcement

27 Nov 2024

In November 2024, the European Investment Fund (EIF) announced a EUR 164 million loan guarantee in favour of Banca Etica to support social enterprises and microenterprises in Italy and Spain. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

27 Nov 2024

Revocation date:

No revocation date

Loan guarantee In force

On 27 November 2024, the European Investment Fund announced a EUR 164 million (USD 172.3 million) loan guarantee that will allow Banca Etica More to grant loans on favourable terms to social enterpris...

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