EIF extends cooperation with Microbank under the CIP programme

Notes to editors

About the EIF

EIF's central mission is to support Europe's small and medium-sized businesses (SMEs) by helping them to access finance.  EIF primarily design and develops venture capital and guarantees instruments which specifically target this market segment. In this role, EIF fosters EU objectives in support of innovation, research and development, entrepreneurship, growth, and employment. The EIF total net commitments to venture capital and private equity funds amounted to over EUR 5.4bn at end 2010. With investments in over 300 funds, the EIF is the leading player in European venture capital due to the scale and the scope of its investments, especially in the high-tech and early-stage segments. The EIF commitment in guarantees totalled over EUR 14.7bn in close to 160 operations at end 2010, positioning it as a major European SME loan guarantees actor and a leading micro-finance guarantor. 

Press contacts:

EIF: Mr. David Yormesor,  e-mail: d.yormesor@eif.org, tel (+ 352) 42 66 88 346

Microbank: Paula Zapata, e-mail: pzapata@microbanklacaixa.es tel. (+34) 93 281 37 57 – 639 38 77 36