Finanziaria per lo sviluppo della Lombardia S.p.A

Acronym
FINLOMBARDA
Description

Finlombarda – Finanziaria per lo Sviluppo della Lombardia S.p.A. is a financial company fully owned by the Lombardy Region with headquarters in Milan (Italy) and a share capital of about 170M€.

Established in 1971 as a joint stock company by a pool of banks operating in the region, Finlombarda began shifting into a government-related entity when the Region of Lombardy acquired 30% of its shares in 1975. The turning point for Finlombarda, however, coincided with the Region’s acquisition of the control share (51%) in 1999. In 2004, the Region acquired 100% ownership in Finlombarda and committed to providing the company with adequate capital to pursue its mission. The company has an A3 Issuer rating by Moody's. 

The company’s mission is to help promote the development of the regional economy and provide consultancy services, primarily to the regional government, through the promotion of innovative financial solution to attract private capital in the financing of publicly-sponsored development projects through PPP – private public partnership.

Source: SEE-IFA.eu

Type
  • Company
Country
Italy
Contact details
E-Mail: informazioni@finlombardia.it
Phone:+39.02.607.441
Fax:+39.02.607.444.25
Address:Via Taramelli, 12, 20124 Milano
Country:Italy
Geographical focus
  • European Union (EU 27)
Scientifc field / Thematic focus
  • Cross-thematic/Interdisciplinary

Entry created by Danaja Lorencic on November 12, 2012
Modified on April 15, 2014