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The resources which we made available through the 2009 SME Fund (funding of €8 billion) were entirely used to finance investments or to meet requirements on increasing working capital
Around 50,000 SMEs received medium-long term loans (up to 10 years) based on Cdp funding.
The average amount of the loans was €148 thousand.
The banks that participated in the three ABI-Cdp Agreements of the 2009 SME Fund accounted for 93% in terms of market share and 74% in terms of number of branches.
More than 80% of the loans were concentrated in the industry, trade and construction sectors.