Press Release: European Investment Bank (EIB) and Intesa Sanpaolo provide finance totalling EUR 680m for SMEs, the environment and infrastructure

The European Investment Bank (EIB) and the Intesa Sanpaolo Group today signed three new agreements to provide medium to long-term finance totalling EUR 680m for Italian small and medium-sized enterprises (SMEs) and other public and private promoters for projects in the energy, environmental and infrastructure sectors. The initiative reflects the close cooperation that exists between the EIB and Intesa Sanpaolo and is intended ultimately to strengthen the support offered to Italy’s productive sector in order to mitigate the effects of the financial crisis and help with the incipient recovery process. The signing ceremony, which took place this morning in Milan, was attended by Dario Scannapieco, EIB Vice-President responsible for operations in Italy, Malta and the western Balkans, and Corrado Passera, Managing Director and CEO of the Intesa Sanpaolo Group