EIF and CGD join forces to promote investments in the education sector in Portugal
- Release date: 21 April 2021
The European Investment Fund (EIF), part of the European Investment Bank Group, provided Caixa Geral de Depósitos, SA (CGD) with a guarantee of up to €25 million to promote investments in the education sector in Portugal. The agreement is backed by the EFSI Skills & Education Guarantee Pilot, a debt financing initiative launched in 2020 dedicated to stimulating investments in education, training and skills
European Guarantee Fund: EIF and Alantra support European SMEs with €110 million
- Release date: 19 April 2021
EIF and Alantra join forces under the European Guarantee Fund to back European SMEs, predominantly in Spain, with €110 million
EGF: EIF and Millennium bcp support Portuguese SMEs hit by COVID-19 crisis with nearly €1.2 billion
- Release date: 07 April 2021
The European Investment Fund (EIF), part of the European Investment Bank Group, and Millennium bcp (BCP) joined forces once again to support the recovery of small and medium-sized Portuguese businesses (SMEs) affected by the economic crisis caused by the pandemic.
Estonian and Lithuanian micro-enterprises to receive European support with Finora Capital
- Release date: 06 April 2021
More support will become available for micro-enterprises in Estonia and Lithuania that are facing the economic fallout of the COVID-19 crisis. A new transaction between the European Investment Fund (EIF) and financial intermediary Finora Capital is expected to support at least 100 micro borrowers in these two countries. The long-term working capital loans offered by Finora will be essential in providing liquidity to companies during the post-COVID-19 economic recovery. The operation is backed ...
PayRay Bank gets EU-backing to expand access to finance for Lithuanian SMEs
- Release date: 06 April 2021
In order to support small and medium sized businesses in Lithuania, who are under strain from the COVID-pandemic, Lithuanian financial intermediary PayRay Bank has signed two guarantee agreements with the European Investment Fund. The two guarantees are made available under the European Guarantee Fund, an initiative of the EIB Group and EU Members States. In total, the operation will guarantee a portfolio of new SME financing by PayRay Bank for a maximum of €50 million.
