Banco Bpm and the European Investment Bank (EIB) have signed the first collaboration agreement for the financing of SMEs and Mid Caps. With this agreement, explains a note, the EIB is making available 600 million which Banco Bpm will place through four global loans: two for a total of 400 million for SMEs and another two for a total of 200 million for Mid Caps. The maximum amount for a single loan is 12,5 million for SMEs and 25 million for medium-sized companies.
“Since the beginning, Banco Bpm has become a point of reference for manufacturing and service companies in our country – commented Maurizio Faroni, general manager of Banco Bpm – The agreement with the EIB is further demonstration of the bank's willingness to be close to local entrepreneurship and the awareness that operations of this kind create significant value for the entire country's economy, not only in terms of investment support, but also in terms of social impact”.
