EUR 246 million for Romanian SMEs as EIF signs first SME Initiative agreements with three commercial banks

  •   Release date: 17 May 2017
The European Investment Fund (EIF), part of the European Investment Bank Group, has signed the first SME Initiative guarantee transactions in Romania, with the following commercial banks: Raiffeisen Bank, Banca Comerciala Romana (BCR) and ProCredit Bank.

Juncker Plan: EUR 80 million for Italian SMEs

  •   Release date: 16 May 2017
The European Investment Fund (EIF) and Banca Popolare Pugliese, assisted by Banca Akros, have signed an agreement under the European Commission’s InnovFin initiative, backed by the EU's research and innovation programme Horizon 2020, to provide EUR 80 million in financing to innovative Italian small and medium-sized enterprises (SMEs) and small mid-caps over the next two years.

EIF supports WestBridge II to provide additional financing for SMEs in the UK

  •   Release date: 12 May 2017
The European Investment Fund has signed a commitment of GBP 20m into WestBridge II, a lower mid-market fund focusing on investments in the United Kingdom. 

EUR 260 million of loans to benefit over 6,000 SMEs in Serbia

  •   Release date: 11 May 2017
The European Investment Fund (EIF) has signed a guarantee agreement UniCredit Bank Serbia JSC and a top-up agreement with Banca Intesa AD Beograd and under the COSME programme, the European Commission’s programme for small and medium-sized enterprises (SMEs).

Investment Plan for Europe: additional finance for SMEs and small mid-caps in the Czech Republic

  •   Release date: 10 May 2017
The European Investment Fund (EIF) and Československá obchodní banka (CSOB), have signed a guarantee agreement that will allow CSOB to provide EUR 50 million of loans to innovative companies in the Czech Republic.


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