{"id":408701,"date":"2024-11-27T15:39:29","date_gmt":"2024-11-27T14:39:29","guid":{"rendered":"https:\/\/www.eunews.it\/2024\/11\/27\/banca-etica-bei-accordo-pmi-investimenti\/"},"modified":"2024-11-27T16:19:14","modified_gmt":"2024-11-27T15:19:14","slug":"eib-and-banca-etica-together-for-the-social-economy-and-italian-and-spanish-smes-with-a-e164-million-guarantee","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2024\/11\/27\/eib-and-banca-etica-together-for-the-social-economy-and-italian-and-spanish-smes-with-a-e164-million-guarantee\/","title":{"rendered":"EIB and Banca Etica together for the social economy and Italian and Spanish SMEs, with a \u20ac164 million guarantee"},"content":{"rendered":"<p>Brussels &#8211; <strong>Investment support for social enterprises and microenterprises in Italy and Spain is the goal of the <a href=\"https:\/\/www.eif.org\/InvestEU\/news\/2024\/new-eif-banca-etica-agreement-to-provide-200-million-in-support-of-social-enterprises-and-microenterprises-in-italy-and-spain.htm\" target=\"_blank\" rel=\"noopener\">new agreement<\/a> <\/strong>between the <strong><a href=\"https:\/\/www.eif.org\/index.htm\" target=\"_blank\" rel=\"noopener\">European Investment Fund (EIF)<\/a><\/strong>, part of the EIB (European Investment Bank) Group, and Italy&#8217;s <strong>Banca Etica<\/strong>.<\/p>\n<p><strong>The \u20ac164 million EIF<\/strong>\u00a0<strong>guarantee<\/strong> to Banca Etica will help support <strong>investments in the real economy of more than 200 million<\/strong>, with the support of the <a href=\"https:\/\/investeu.europa.eu\/index_en\" target=\"_blank\" rel=\"noopener\">InvestEU<\/a> program, which deals with investments in the European Union. Any losses, up to 18 million, will be covered by the same guarantee.<\/p>\n<p>&#8220;This agreement further consolidates the <strong>collaboration between the EIB Group and Banca Etica<\/strong>, with a common vision: <strong>supporting an economy that puts people and social inclusion<\/strong> at the centre,&#8221; says <strong>Gelsomina Vigliotti<\/strong>, <strong>EIB<\/strong>\u00a0<strong>Vice President<\/strong>.<\/p>\n<p>&#8220;We want to create the <strong>conditions so that every entrepreneur<\/strong>, regardless of their starting resources, <strong>can access financing on favourable terms<\/strong> in order to invest in their future. Our goal is to promote an ecosystem that is more equitable, fair, and accessible to all.&#8221;<\/p>\n<p><strong>More than a thousand enterprises<\/strong>, according to EIF\u00a0estimates, <strong>could be beneficiaries<\/strong> of credits from this agreement, mainly small and medium-sized enterprises (SMEs), mid-cap companies (MCCs), micro-enterprises and social enterprises. The focus is on projects that\u00a0promote environmental sustainability, as well as cultural, creative, and training initiatives.<\/p>\n<p align=\"justify\"><strong>Banca Etica<\/strong> confirms its commitment to ethical finance, in the words of <strong>Chairwoman Anna Fasano<\/strong>: &#8220;Through these agreements,\u00a0<strong>Banca Etica<\/strong> strengthens the <strong>synergy with the EIF and the EIB,<\/strong> which, for several years, have recognized our <strong>specific know-how in providing credit to the social economy<\/strong>. Banca Etica will, therefore, be able to provide additional resources on concessional terms to virtuous enterprises capable of generating a strong positive impact for the community.&#8221;<\/p>\n<p align=\"justify\"><strong>Cooperation between the EIB and Banca Etica\u00a0has already had <a href=\"https:\/\/www.eunews.it\/en\/2024\/07\/01\/from-the-eib-and-banca-etica-over-165-million-to-support-gender-equality-refugee-inclusion-and-development-in-southern-italy\/\" target=\"_blank\" rel=\"noopener\">an antecedent in July<\/a><\/strong>, with a \u20ac60 million agreement that covered the promotion of labour integration and better services for refugees, easier access to credit for women-led businesses, and support for projects implemented in cohesion regions<span style=\"color: #ff0000;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The aim is to support social enterprises and micro-enterprises in the two countries through the available credit. The guarantee is expected to help support investments of more than 200 million<\/p>\n","protected":false},"author":7877,"featured_media":257087,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"1","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25774,25705],"tags":[26428,28350,27359,28351,29828,29420,25882,29827],"class_list":["post-408701","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-briefs","category-business","tag-anna-fasano-en","tag-eib-en","tag-bank-ethics-en","tag-fei-en","tag-jasmine-vigliotti-en","tag-investimenti-en","tag-economics-social-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/408701","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/7877"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=408701"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/408701\/revisions"}],"predecessor-version":[{"id":408742,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/408701\/revisions\/408742"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/257087"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=408701"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=408701"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=408701"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}