Tag Archives: Inclusive Growth

EIB and BRED Banque Populaire Join Forces to Unlock €800 Million in Financing for SMEs and Sustainable Growth in France’s Overseas Territories

(IN BRIEF) The European Investment Bank and BRED Banque Populaire have launched their first joint financing program to support SMEs and mid-cap companies in France’s overseas territories, mobilizing a total of €800 million. Backed by an EIB loan of €400 … Read the full press release

Patria Bank Secures Second EIB Loan to Expand Credit Access and Promote Sustainable Growth in Romania

(IN BRIEF) The European Investment Bank (EIB) has granted a €25 million loan to Romania’s Patria Bank SA to expand financing for small and medium-sized enterprises (SMEs) and Mid-Cap companies, especially in less-developed regions. A fifth of the funds will … Read the full press release

EBRD and Partners Unlock €55 Million for SAHAM Bank’s Green Financing Initiative

(IN BRIEF) The EBRD, supported by the EU, GCF, and Canada through HIPCA, has extended up to €55 million in green financing to SAHAM Bank under Morocco’s Decarbonisation and Climate Resilience programme; this GEFF Plus package—comprising €6.25 million from GCF … Read the full press release

EU Guarantee Scheme Unlocks €886 Million in Concessional Loans to Boost SMEs and Jobs in the Western Balkans

(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

Garanti BBVA Secures Over $440 Million in Syndicated Loan to Support Turkish Economy and Sustainable Projects

(IN BRIEF) Garanti BBVA has secured over $440 million through a syndicated loan to bolster the Turkish economy, aligned with the bank’s commitment to sustainability. The loan, supported by 43 banks across 20 countries, includes tranches with maturities of 367 … Read the full press release

EBRD Partners with Raiffeisen Bank to Support Digital Transformation of SMEs in Bosnia and Herzegovina

(IN BRIEF) The EBRD is lending €10 million to Raiffeisen Bank Bosnia and Herzegovina under the Go Digital in Western Balkans Programme, aimed at boosting SMEs’ competitiveness through digitalisation, sustainability, and green economy technologies. The programme is supported by EU … Read the full press release

Orange and Vodacom Launch Groundbreaking Rural Connectivity Project in DRC with Solar-Powered Base Stations

(IN BRIEF) Orange and Vodacom have teamed up to establish a pioneering partnership in the Democratic Republic of Congo (DRC) aimed at enhancing mobile connectivity in rural areas. Over the next six years, the companies plan to construct up to … Read the full press release

BBVA Receives Top Honors from The Banker, Highlighting Innovation, Sustainability, and Inclusivity

(IN BRIEF) BBVA has been recognized as the best bank in Spain by The Banker for the second time, highlighting its achievements in innovation, digitization, and sustainability. The bank also earned global recognition for financial inclusion through the BBVA Microfinance … Read the full press release

Inclusive recovery: Ricoh to endorse Business for Inclusive Growth’s (B4IG) roadmap

(PRESS RELEASE) TOKYO, Japan, 13-Nov-2020 — /EuropaWire/ — Ricoh Europe PLC, part of The Ricoh Company, a Japanese multinational imaging and electronics company, has announced the Ricoh’s endorsement of Business for Inclusive Growth’s (B4IG) roadmap calling for businesses and governments … Read the full press release