(IN BRIEF) The European Bank for Reconstruction and Development is providing a US$40 million (€35 million) loan to EFG Holding to expand financing for micro, small and medium-sized enterprises in Egypt. The transaction is the first EBRD facility provided directly … Read the full press release
Posted in Banks, Business, Financial, Investment, Small Business, United Kingdom
Tagged 2012, 234 projects, access to finance, Bank NXT, Business Growth, business investment, capital markets, EBRD, EBRD and EFG Holding Expand Access to Finance for Egyptian MSMEs Beyond Major Cities, EBRD Backs Rural and Underserved Businesses in Egypt Through US$40 Million EFG Holding Loan, economic resilience, EFG Finance, EFG Hermes, EFG Hermes 12th Annual Investor London Conference, EFG Holding, Egyptian Stock Exchange, European Bank for Reconstruction and Development, European Bank for Reconstruction and Development Provides First Direct Facility to EFG Holding, financial inclusion, first direct EBRD facility, Francis Malige, institutional investors, Karim Awad, liquidity, London Stock Exchange, medium-sized enterprises, MENA, micro-enterprises, Middle East and North Africa, MSMEs, NBFI, non-bank financial institution, private sector, rural businesses, rural finance, Small Business Financing, small enterprises, SME finance, Tanmeyah, underserved businesses, US$40 million loan, Valu, €15.4 billion investment, €35 million
(IN BRIEF) EIB Global, the development arm of the European Investment Bank, is providing a grant of up to €4 million to the World Food Programme to support tailored climate-risk microinsurance products for smallholder farmers in Ethiopia, marking the first … Read the full press release
Posted in Agriculture, Banks, Business, Environment, European Union, Financial, Government, Industrial, Insurance, Investment, Luxembourg, Non Profit, Small Business, Society
Tagged 000 smallholder farmers, 210, access to finance, ACP Trust Fund, adverse weather conditions, African Caribbean and Pacific Trust Fund, agricultural livelihoods, agricultural portfolios, agricultural productivity, awareness raising, capacity building, climate resilience, climate risk insurance, climate shocks, climate-resilient financial systems, crop losses, Development Bank of Ethiopia, development finance, EIB, EIB and WFP Partnership to Protect Ethiopian Farmers From Climate-Related Losses, EIB Global, EIB Global and World Food Programme Expand Climate-Risk Insurance for Ethiopian Farmers, EIB Global Grant Supports WFP Climate-Resilience Programme for Rural Ethiopia, ETHIOPIA, European Investment Bank, food security, Gelsomina Vigliotti, index-based microinsurance, insurance premiums, liquidity constraints, livestock losses, Member States Compartment, micro small and medium-sized enterprises, microinsurance, Mongolia, MSMEs, natural disasters, Premium Guarantee Fund, premium payment defaults, RUFIP III, rural communities, rural finance, rural finance institutions, Rural Financial Intermediation Programme, smallholder farmers, stable incomes, sustainable growth, Technical Assistance, UNCCD COP 17, United Nations Convention to Combat Desertification, WFP, World Food Programme, Zlatan Milišić, €110 million credit line, €4 million grant
(IN BRIEF) The European Investment Bank is lending €100 million to BRD Sogelease IFN SA, the leasing subsidiary of BRD Groupe Société Générale, to expand financing for SMEs and Mid-Caps in Romania. The credit line will support business expansion, productivity … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Investment, Luxembourg, Romania, Small Business, Transportation & Logistics
Tagged access to finance, advisory support, BRD Group, BRD Groupe Société Générale, BRD Sogelease, BRD Sogelease IFN SA, Bucharest, business expansion, Business Financing, Cohesion Regions, competitiveness, economic development, EIB, EIB and BRD Sogelease Strengthen Access to Finance for Romanian SMEs and Mid-Caps, EIB Financing to Expand Long-Term Funding for Romanian Entrepreneurs, energy efficiency, euro financing, European Investment Bank, European Union, favourable financing terms, Financial Solutions, Gabriel Mihai, green investments, Green Projects, INNOVATION, Ioannis Tsakiris, leasing finance, less developed regions, long-term funding, Mid-Caps, New €100 Million EIB Credit Line to Support Business Growth in Romania’s Cohesion Regions, productivity improvements, renewable energy, resilience, Romania, Romanian businesses, Romanian entrepreneurs, Romanian lei, small and medium-sized enterprises, SMEs, social development, sustainable development, sustainable transport, €100 million loan, €305 million previous EIB loans
(IN BRIEF) Garanti BBVA has moved its KGF- and İGE-guaranteed loan application processes to digital channels, allowing SMEs and other businesses to apply without visiting a branch. Companies can now apply through Garanti BBVA Mobile and Internet Banking, choose the … Read the full press release
Posted in Banks, Business, Financial, Internet & Online, Investment, Small Business, Technology, Türkiye
Tagged access to finance, balance sheet data, Business Financing, business loans, corporate banking, Credit Guarantee Fund, digital banking, digital loan applications, email notifications, Export Development Inc., Garanti BBVA, Garanti BBVA Introduces Real-Time Digital Tracking for KGF- and İGE-Backed Loans, Garanti BBVA Mobile, Garanti BBVA Moves KGF- and İGE-Guaranteed Loan Applications to Digital Channels, GİB, guarantee approval, guaranteed loans, İGE, İGE-guaranteed loans, income statement data, Internet Banking, KGF, KGF-guaranteed loans, loan disbursement, loan evaluation, mobile notifications, real-time application tracking, Revenue Administration, secure data sharing, Sibel Kaya, small and medium-sized enterprises, SME financing, SMEs, SMEs Gain Faster Access to Guaranteed Financing Through Garanti BBVA Digital Channels, SMS notifications, Türkiye
(IN BRIEF) The European Investment Fund has committed €20 million to SP Growth Fund Ky, a new Finnish private credit fund intended to provide growth financing to small and medium-sized companies and small mid-caps facing more limited access to conventional … Read the full press release
Posted in Banks, Business, European Union, Financial, Finland, Investment, Luxembourg, Small Business, Technology
Tagged access to finance, alternative lending, business loans, EIF, EIF Helps Expand Private Credit Options for Finnish SMEs and Small Mid-Caps, European competitiveness, European Investment Bank Group, European Investment Fund, Finland, Finnish growth companies, Finnish private credit market, Finnish SMEs, growth financing, Helsinki, innovation financing, institutional investors, InvestEU, Marjut Falkstedt, Matias Itkonen, New Finnish Private Credit Fund Targets Growth Businesses Seeking €500000 to €2 Million Loans, Oulu, private credit, private investors, small Mid-Caps, SME financing, SP Growth Fund, SP Growth Fund Ky, SP Growth Fund Reaches €34 Million First Close With €20 Million EIF Commitment, SP Growth Partners, technology-driven companies, €20 million commitment, €34 million first close, €50 million fund target
(IN BRIEF) The European Commission and the European Investment Bank Group have signed an agreement adding €22 billion in strategic financing under the InvestEU programme, reinforcing the EU’s flagship investment instrument and supporting key transformative investments across the European economy. … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, International Trade, Investment, Luxembourg, Pharma & Biotech, Small Business, Technology
Tagged access to finance, Biotech, biotechnology, clean technology, clean transition, competitiveness, digital advancement, Digital Innovation and European SMEs, economic security, EIB, EIB Group, EU and EIB Group Expand InvestEU Programme to Speed Up Transformative Investments and Simplify SME Access to Finance, EU budget guarantees, EU economy, European Commission, European Commission and EIB Group expand InvestEU financing to accelerate strategic investment across the EU economy, European Commission and EIB Group Strengthen InvestEU Financing to Support Competitiveness and Strategic Autonomy, European Competitiveness Fund, European Investment Bank, European SMEs, European Union, green transition, industrial champions, InvestEU, InvestEU Expansion to Mobilise Around €70 Billion for Clean Tech, Investment programme, MFF, Multiannual Financial Framework, Nadia Calviño, Omnibus II regulation, public and private capital, reduced reporting requirements, scale-ups, simplification agenda, small and medium-sized enterprises, start-ups, Stéphane Séjourné, strategic autonomy, strategic financing, technological sovereignty, Valdis Dombrovskis, €22 billion financing, €400 billion mobilised capital, €55 billion target, €70 billion financial impact
(IN BRIEF) The European Bank for Reconstruction and Development is providing a new portfolio risk-sharing facility of up to €25 million to maib, Moldova’s largest bank, to support expanded lending to micro, small and medium-sized enterprises. The unfunded guarantee is … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, Moldova, Small Business, Technology, United Kingdom
Tagged access to finance, Arvid Tuerkner, banking sector resilience, capital relief, Chişinău, credit lines, credit risk, EBRD, EBRD and EU-Backed Facility to Unlock Up to €50 Million in New Financing for Moldovan Small Businesses, EBRD and maib Build on 2024 Pilot to Expand Lending for Women Youth and Regional Businesses in Moldova, EBRD Expands Risk-Sharing Partnership with maib to Strengthen MSME Access to Finance Across Moldova, EBRD Provides Up to €25 Million Portfolio Risk-Sharing Facility to Help maib Expand MSME Lending in Moldova, EBRD Strategy for Moldova 2023-2028, economic activity, EFSD+, Entrepreneurship, equity investment, EU-Moldova Investment Conference, European Bank for Reconstruction and Development, European Fund for Sustainable Development Plus, European Union, financial inclusion, financial sector strategy, first-loss risk coverage, Lending Capacity, maib, micro small and medium-sized enterprises, MOLDOVA, Moldova financial sector, Moldovan businesses, MSME lending, portfolio risk-sharing facility, private sector growth, PRS facility, regional enterprises, regulatory capital, risk-sharing, sustainable investment, trade finance, unfunded guarantee, Vanora Bennett, women-led businesses, youth-led businesses
(IN BRIEF) The European Bank for Reconstruction and Development is providing a loan of up to US$40 million, equivalent to €34.6 million, to Credo Bank to expand financing for micro, small and medium-sized enterprises in Georgia. The facility will help … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Management, Marketing, Small Business, Technology, United Kingdom
Tagged access to finance, Business Resilience, competitiveness, Credo Bank, Credo Bank Secures Up to US$40 Million from EBRD to Boost Inclusive Business Financing in Georgia, EBRD, EBRD Funding to Help Credo Bank Increase Lending to Women-Led and Regional Businesses in Georgia, EBRD Georgia, EBRD Loan to Credo Bank to Support MSMEs Regional Enterprises and Women Entrepreneurs in Georgia, EBRD Provides Up to US$40 Million to Credo Bank to Expand MSME Financing Across Georgia, economic opportunities, European Bank for Reconstruction and Development, financial inclusion, GEORGIA, Georgian economy, Georgian lari, inclusive finance, local-currency lending, Loretta Martikian, medium-term finance, micro small and medium-sized enterprises, MSME financing, private sector development, private sector resilience, regional businesses, rural communities, small businesses, sustainable economic development, underserved communities, US$40 million loan, women entrepreneurs, women-led businesses, women-owned businesses, €34.6 million
(IN BRIEF) Garanti BBVA has developed a comprehensive women entrepreneurs program that has expanded access to finance and long-term business support in Türkiye since 2005. With more than €5 billion in financing provided over the past five years, the initiative … Read the full press release
Posted in Banks, Business, Internet & Online, Marketing, Media, Small Business, Society
Tagged access to finance, Boğaziçi University, economic empowerment, entrepreneurship banking, Garanti BBVA, Garanti BBVA’s Women Entrepreneurs Program Drives Inclusive Growth and Business Value, gender inclusive banking, inclusive finance, Selin Öz, SME financing, Sustainable Finance, Türkiye economy, women entrepreneurs, Women Entrepreneurs Academy, Women in Trade platform, women-led businesses
(IN BRIEF) The European Investment Bank (EIB) and the Hellenic Republic have concluded the Greek Guarantee Fund (GGF), a major financial initiative that has supported over 800 SMEs and mid-cap firms across Greece since its launch in 2014. Despite difficult … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Greece, Industrial, Investment, Luxembourg, Management, Marketing, News, Small Business, Technology
Tagged access to finance, economic recovery, EIB, EU financial instruments, European Investment Bank, financial support, GGF, Greece, Greek economy, Greek Guarantee Fund, Hellenic Republic, INNOVATION, job creation, Mid-Caps, partnership, Public Private Partnership, SMEs, Yannis Tsakiris
(IN BRIEF) The EU-funded Western Balkans Guarantee 4 SME Resilience programme has catalyzed €886 million in concessional loans for SMEs in North Macedonia, Bosnia and Herzegovina, and Montenegro, aiming to support 15,000 firms and preserve 140,000 jobs. Backed by a … Read the full press release
Posted in Bosnia and Herzegovina, European Union, Financial, Investment, Luxembourg, Montenegro, North Macedonia, Small Business
Tagged access to finance, Bosnia and Herzegovina, Christoph Schoefboeck, concessional loans, EIF, Erste & Steiermärkische Bank d.d., Erste Bank Podgorica, European Investment Fund, Inclusive Growth, InvestEU, job preservation, Marjut Falkstedt, Marta Kos, Montenegro, NORTH MACEDONIA, Reform and Growth Facility, SMEs, Sparkasse Bank AD Skopje, Sparkasse Bank BiH, Western Balkans Guarantee 4 SME Resilience, Western Balkans Investment Framework
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions. Here you can learn more about EuropaWire’s mission, achievements, services, etc.
HOW TO GET STARTED?