Tag Archives: bank guarantees

EIB and Santander Partner to Unlock €8 Billion for Europe’s Wind Energy Industry

(IN BRIEF) The European Investment Bank (EIB) and Santander have signed a €500 million counter-guarantee agreement, allowing Santander to create a portfolio of guarantees worth up to €1 billion. This agreement is expected to unlock €8 billion in investments to … Read the full press release

VTB to provide bank guarantees to finance Arctech Helsinki Shipyard’s participation in state tender for ice-breaking vessel

Moscow, Russia, 31-1-2014 — /EuropaWire/ — As part of its programme to develop strategic cooperation with United Shipbuilding Corporation (USC), VTB Bank has signed a general agreement with Arctech Helsinki Shipyard, in which USC is one of the largest shareholders. VTB will provide bank … Read the full press release