The EIB has teamed up with Česká spořitelna, a.s. (CSAS) to improve innovative Czech mid-size companies’ access to finance, with the aim of catalysing EUR 100m in new investment. This is the first EIB financial guarantee to support investment by mid-sized companies, both in the Czech Republic and the whole Central and South Eastern Europe region.
On Thursday 12 January 2017, EIB Vice-President Ambroise Fayolle and EIF Chief Executive Pier Luigi Gilibert presented the results of the EIB Group's activities in France. Driven by the capital increase approved in June 2012, the EIB Group considerably expanded its financial backing for the real economy and implemented a policy promoting growth and jobs. The Group therefore doubled its activities between 2012 and 2016 to EUR 9.3bn in new financing in 2016.
An agreement was signed in recent days in Rome at the Regional Cohesion Agency, an operating entity reporting to the Ministry for Regional Cohesion and Southern Italy, between the Managing Authority of the National Operational Programme for Research and Innovation (NOP R&I) and the European Investment Bank (EIB) to set up a new financial instrument: a Fund of Funds, with an initial allocation of EUR 200m, which will use loans and venture capital to invest in high technology content research projects located in southern Italian regions aimed at improving their competitiveness.
The European Investment Fund (EIF) and RCB Bank (RCB) have signed the first EFSI agreement in Cyprus, which will provide EUR 10 million to innovative small and medium-sized enterprises (SMEs). This agreement benefits from the support of the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe. Following the signature, the EFSI is now active in all EU 28 Member States.
The EIB and The Nederlandse Waterschapsbank N.V. (NWB Bank) have signed a loan agreement in The Hague today for EUR 250 million. The EIB is making the funding available to NWB Bank, which will then invest EUR 500 million in improving the sustainability of social housing construction and helping water boards with their plans in the area of the circular economy.
The EIB has granted Banco BPI a total of EUR 350 million through a EUR 300 million loan to finance investments of mainly small and medium-sized companies and an additional EUR 50 million loan aimed at financing corporate energy efficiency investments in Portugal.
The EIB announced a EUR 250m SME securitisation agreement with Greece’s Alpha Bank S.A., backed by the European Fund for Strategic Investments (EFSI), the heart of the European Commission’s Investment Plan for Europe.
The EIB has granted a EUR 150 million loan to Banco Santander Totta to facilitate financing to SMEs, midcaps and public sector entities. EIB Vice-President, Román Escolano, and the President of the Executive Committee of Banco Santander Totta, António Vieira Monteiro, have signed the contract today in Lisbon. This EUR 150 million facility is the second tranche of a total EUR 500 million intermediated loan to BST aimed to facilitate financing of small and medium-sized projects.
The EIB is lending EUR 250 million to Slovakia to co-finance priority projects identified under the Slovak Rural Development Programme 2014-2020 that receive support from the European Agricultural Fund for Rural Development. The EIB funds will cover the national co-financing contribution to implementing projects in rural areas across the whole territory of Slovakia.