The EIB provided new loans totalling to EUR 874m and the European Investment Fund (EIF – building together with EIB the EIB Group) executed operations in Slovakia amounting to EUR 44m. The bank focused mainly on support to projects contributing to the sustainable growth, creation of new employment opportunities and on co-financing priority investments receiving support from EU funds.
The EIB has granted a loan of 150 million euros to Bank Ibercaja for funding investment projects and providing the working capital needed by SMEs and mid-cap Spanish companies (up to 3,000 employees). The agreement has been ratified today in Zaragoza in a signing ceremony involving the EIB’s Vice-President Román Escolano and Ibercaja’s CEO, Víctor Iglesias.
The European Investment Bank (EIB) today signed a new EUR 100 million loan with the Bank of Cyprus to support investments by local small and medium-sized enterprises (SMEs) and Midcaps, bolstering growth and creating quality new jobs for young people. A State Guarantee agreement between the EIB and the Republic of Cyprus was also signed.
The European Investment Bank (EIB) has agreed to provide EUR 50 million to support financing by Pancretan Cooperative Bank of eligible projects undertaken by small and medium sized enterprises and midcaps in Greece.
The European Investment Bank Group lent EUR 2.02 billion to projects in Sweden last year. Nearly EUR 1.7 billion of this came through lending operations of the European Investment Bank (EIB), with the remainder provided through guarantee transactions with Swedish intermediaries and investment into funds of funds by the European Investment Fund (EIF).
The European Investment Bank (EIB) has signed a SEK 900 million agreement to support investment in local infrastructure in the Nordic countries through the “Infranode I” investment platform. The agreement was made possible by the support of the European Fund for Strategic Investments (EFSI), central pillar of the European Commission's Investment Plan for Europe.
Las Palmas, Gran Canaria, will have a new bus rapid transit system (known locally as MetroGuagua), making it possible to improve public transport in the city with the financial support of the European Investment Bank (EIB). EIB Vice-President Román Escolano, Mayor of Las Palmas, Gran Canaria, Augusto Hidalgo, councillor for mobility and chairman of the board of directors of Guaguas Municipales S.A. José Eduardo Ramírez, and CEO of Guaguas Municipales S.A. Miguel Ángel Rodríguez today signed a EUR 50m loan with an Investment Plan for Europe guarantee. This means that work on the high-capacity line can begin over the next quarter, with the aim of building 11.7 km of roadway dedicated to bus transport.
The European Investment Bank (EIB) lent PLN 147m (some EUR 34m) to a Polish municipal housing company, Poznańskie Towarzystwo Budownictwa Społecznego Sp. z o.o. (PTBS), for the construction of approximately 1 300 affordable housing units with ancillary infrastructure in Poznań. Combatting social exclusion, this EIB financing operation is guaranteed under the European Fund for Strategic Investments (EFSI), a central element of the European Commission’s Investment Plan for Europe.
The European Investment Bank (EIB) and Flemish wastewater purification company Aquafin have signed the uptake of a first tranche of 100 million euros as part of a new 200 million euro loan agreement. This is the first part of the tenth financing agreement since the formation of Aquafin in 1990, and it confirms the trust that exists between the two parties. The loan will be used for further build-out and optimisation of the water purification infrastructure in Flanders.