Tag Archives: European Investment Bank

EIB Secretary General Barbara Balke Receives Recognition as LGBTIQ Ally by LGBT Great

(IN BRIEF) Barbara Balke, Secretary General of the European Investment Bank (EIB), has been named one of the Top 50 Executive Allies by LGBT Great. The recognition honors leaders in finance and business who have used their influence to support … Read the full press release

EIB and BNG Bank Renew Partnership, Offering €600 Million in Favorable Financing for Dutch Public Sector

(IN BRIEF) The European Investment Bank (EIB) and BNG Bank have renewed their collaboration in the Netherlands with a new €300 million lending agreement. The loan aims to provide low-cost financing to Dutch public sector entities, particularly healthcare and educational … Read the full press release

EIB and Grupo Cooperativo Cajamar Boost Access to Finance for Spanish Rural Enterprises and Green Initiatives

(IN BRIEF) The European Investment Bank (EIB) and Grupo Cooperativo Cajamar have announced a partnership to provide €980 million in new financing to small and medium-sized enterprises (SMEs) and mid-caps in rural areas and green projects in Spain. The EIB … Read the full press release

EIB Survey Highlights Stability and Expansion Plans of Banking Groups in CESEE

(IN BRIEF) International banking groups maintain a strong presence in Central, Eastern, and South-Eastern Europe (CESEE) despite geopolitical challenges, according to a recent survey by the European Investment Bank (EIB). The survey indicates that parent banks in CESEE countries have … Read the full press release

EBRD and EIB’s Gjilan Wastewater Project in Kosovo Receives €2.5 Million Grant from WBIF

(IN BRIEF) The Gjilan wastewater development project in Kosovo, co-financed by the EBRD and EIB, has received a €2.5 million grant from bilateral donors through the WBIF. The funds will be used for constructing a wastewater treatment plant and extending … Read the full press release

Multilateral Development Banks Collaborate on Circular Economy Transition at WCEF 2023

(IN BRIEF) Multilateral Development Banks (MDBs) including the AfDB, EBRD, EIB, IDB, and World Bank met at the World Circular Economy Forum (WCEF) 2023 in Helsinki to discuss the circular economy for the first time. They emphasized the role of … Read the full press release

EIB and Multilateral Development Banks Unite to Accelerate Circular Economy Adoption

(IN BRIEF) During the World Circular Economy Forum (WCEF) 2023, environment-focused directors from leading Multilateral Development Banks (MDBs) met to discuss the circular economy for the first time. The African Development Bank (AfDB), the European Bank for Reconstruction and Development … Read the full press release

European Investment Bank Commemorates Diversity Day Lëtzebuerg to Promote Inclusion in the Workplace

(IN BRIEF) The European Investment Bank (EIB) celebrated Diversity Day Lëtzebuerg, Luxembourg’s national day of diversity, as part of European Diversity Month. The event, organized by the Diversity Charter Lëtzebuerg, aimed to promote diversity and inclusion in the workplace. The … Read the full press release

BNP Paribas Collaborates with EIB Group for the Third Synthetic Securitisation, Boosting Support for French Companies

(IN BRIEF) The European Investment Bank (EIB) Group, in collaboration with BNP Paribas, has launched a synthetic securitisation initiative to support French companies for the third time since 2017. The transaction involves an EIB Group guarantee on an existing loan … Read the full press release

EIB Group Celebrates International Day Against Homophobia with Commitment to LGBTIQ Rights

(IN BRIEF) The European Investment Bank (EIB) Group is recognizing the International Day Against Homophobia, Transphobia, and Biphobia (IDAHOT) on May 17 during European Diversity Month. The EIB Group reaffirms its commitment to upholding the rights of lesbian, gay, bisexual, … Read the full press release

European Investment Bank Backs Wingcopter’s Pioneering Drone Delivery Technology with €40 Million Investment

(IN BRIEF) The European Investment Bank (EIB) is investing €40 million in Wingcopter, a European drone delivery technology company. Wingcopter’s electrically powered unmanned aircraft have already been successfully used in small-scale commercial and humanitarian projects, including delivering medical supplies in … Read the full press release

European Investment Bank approves €6.6bn for sustainable transport, clean energy, corporate innovation and education

(IN BRIEF) The European Investment Bank (EIB) has approved €6.6 billion of new financing to support sustainable transport, clean energy, corporate innovation, and education investment worldwide. The EIB Board of Directors also adopted a mid-term review of the EIB’s Energy … Read the full press release

European Investment Bank and Commission aim to bridge global climate finance gap with €18bn financing for partner countries

(IN BRIEF) The European Commission and the European Investment Bank have jointly announced an investment of €18 billion under the Global Gateway initiative, Europe’s investment strategy for partner countries. This investment will focus on the priority areas of Global Gateway, … Read the full press release

Atea ASA receives €50m financing from EIB to enhance data security and support data sovereignty in EU

(IN BRIEF) IT infrastructure company Atea ASA has secured a €50 million loan from the European Investment Bank to improve and expand its hosting facilities in EU countries, with a focus on improving data security and supporting the European goal … Read the full press release

European Investment Bank funds new BioSense Institute building in Novi Sad for scientific research and startups

(IN BRIEF) The BioSense Institute in Novi Sad has opened a new building offering modern facilities for scientific research and business ventures in the fields of agriculture and biotechnology. The €34 million project was financed by €14 million in EU … Read the full press release

La BEI investe in un’azienda irlandese di dispositivi medici per un dispositivo per il trattamento dell’acufene

(NOTIZIA IN BREVE) La Banca europea per gli investimenti (BEI) ha investito 15 milioni di euro in Neuromod Devices Ltd per supportare la commercializzazione del suo dispositivo per il trattamento dell’acufene, Lenire. Il dispositivo ha ottenuto l’approvazione De Novo dalla … Read the full press release

EIB invests in Irish medical device company for tinnitus treatment device

(IN BRIEF) The European Investment Bank (EIB) has invested €15 million in Neuromod Devices Ltd to support the commercialization of its tinnitus treatment device, Lenire. The device has been granted De Novo approval from the US FDA and has shown … Read the full press release

Hydrogen Sector in Wallonia, Belgium Set to Thrive with EIB Partnership

(IN BRIEF) The Walloon Region has signed a memorandum of understanding with the European Investment Bank (EIB) to foster collaboration in the hydrogen sector. The agreement will enable Walloon projects to be eligible for EIB support, including financing, guidance, and … Read the full press release

EBRD contributes to Uzbekistan’s renewable energy sector with $205m solar plant investment

(IN BRIEF) The EBRD is investing $205 million in the construction of three greenfield solar power plants in Uzbekistan. The financial package will be provided to Abu Dhabi Future Energy Company (Masdar), with expected co-financing from the Asian Development Bank, … Read the full press release

Santander and BNP Paribas’ UCI Launches Fund for Sustainable Residential Homes in Spain and Portugal with €440m from EIB, ICO, and EIF

(IN BRIEF) Banco Santander and BNP Paribas Group’s joint venture, Unión de Créditos Inmobiliarios (UCI), has launched a securitisation fund called RMBS Green Prado XI that aims to finance sustainable residential homes in Spain and Portugal. The European Investment Bank … Read the full press release