Tag Archives: SME

EBRD Partners with Bank Millennium for €66 Million Synthetic Securitisation Deal to Boost Lending and Support Green Projects

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has signed a €66 million synthetic securitisation deal with Bank Millennium in Poland, marking the EBRD’s second capital relief transaction in the country. This deal will help Bank Millennium strengthen … Read the full press release

Juha Ketola Named Executive Vice President for SME and Midcap Financing at Finnvera

(IN BRIEF) Finnvera plc has confirmed Juha Ketola’s appointment as Executive Vice President for SME and midcap financing, starting January 2025. Ketola, who has served as interim Executive Vice President since June 2024, brings extensive leadership experience, particularly as a … Read the full press release

EIF Commits €15 Million to Merito Partners’ Fund to Boost SME Growth in the Baltic Region

(IN BRIEF) The European Investment Fund (EIF) has committed €15 million from the Baltic Innovation Fund II to Merito Partners’ ‘Merito Baltic Opportunities I AIF,’ marking its first institutional investment in the fund. Aiming to raise €100 million, the fund … Read the full press release

EBRD and ProCredit Bank Kosovo Join Forces to Advance Green Investments and SME Growth

(IN BRIEF) The EBRD is providing €13 million to ProCredit Bank Kosovo through two initiatives: €8 million under the SME Reboot Programme to help small and medium-sized enterprises (SMEs) invest in green technologies and €5 million through the Green Economy … Read the full press release

New €86M EIF and Malta Initiative to Boost SME Competitiveness and Unlock €60M in Investments

(IN BRIEF) The European Investment Fund (EIF) and the Government of Malta have launched a new €86 million initiative to support small and medium-sized enterprises (SMEs) in Malta. The first phase involves a €30 million guarantee through Bank of Valletta, … Read the full press release

NIB Invests €10 Million in Spar Nord Bank’s Green MREL-Eligible Bond to Boost Danish SME Financing

(IN BRIEF) The Nordic Investment Bank (NIB) has invested €10 million in a €250 million, 6-year Green MREL-eligible bond issued by Denmark’s Spar Nord Bank. This bond helps the bank meet EU regulatory requirements for loss absorption and capital recovery … Read the full press release

EBRD and AccessBank Partner to Boost SME Financing in Azerbaijan with €15 Million Risk-Sharing Facility

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has relaunched its Risk-Sharing Facility (RSF) in partnership with AccessBank to boost financing for small and medium-sized enterprises (SMEs) in Azerbaijan. Through this €15 million agreement, the EBRD will share … Read the full press release

DNB Enhances SME Support with EIF Partnership, Unlocks NOK 2.5 Billion in Funding

(IN BRIEF) Norway’s largest lender, DNB Bank ASA, has partnered with the European Investment Fund (EIF) to bolster support for small and medium-sized enterprises (SMEs) through a groundbreaking collaboration. Backed by an EIF guarantee under the InvestEU program, DNB will … Read the full press release

Experian and TRIVER Partner to Streamline SME Lending Process

(IN BRIEF) Experian and alternative lender TRIVER have collaborated to expedite the SME lending process, offering rapid access to short-term capital for businesses. TRIVER, aiming to revolutionize SME lending, utilizes Experian’s suite of data solutions to enable an end-to-end automated … Read the full press release

European Investment Fund Boosts Berlin SME Financing with €24.5 Million Guarantee

(IN BRIEF) Investitionsbank Berlin (IBB) is expanding its support for small and medium-sized enterprises (SMEs) in Berlin through a €24.5 million counter-guarantee provided by the European Investment Fund (EIF). This backing, facilitated by the InvestEU programme, allows IBB to enhance … Read the full press release

EIB and EIF Partner with Erste Bank to Propel SME Lending in Austria through Synthetic Securitisation

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have collaborated with Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) to facilitate SME lending in Austria through a pioneering synthetic securitisation transaction. This landmark transaction, the … Read the full press release

EIB Group’s €49 Million Guarantee Empowers Erste Bank to Boost SME Lending in Austria

(IN BRIEF) The European Investment Bank (EIB) and the European Investment Fund (EIF) have joined forces to provide Erste Bank der oesterreichischen Sparkassen AG (Erste Bank) with a €49 million guarantee for a synthetic securitisation transaction, marking Austria’s first such … Read the full press release

Serbian Plastic Manufacturer Achieves 50-Year Milestone Amidst Growing Sustainability Efforts

(IN BRIEF) MNG Plastik Gogić, a family-owned plastic manufacturing company based in Indjija, Serbia, celebrates over 50 years of successful business operations. Specializing in plastic waste containers, bins, and stadium seats, the company exports to over 60 countries worldwide. With … Read the full press release

EIB and TBC Bank Partner to Boost SME Financing in Georgia

(IN BRIEF) The European Investment Bank (EIB) has signed a guarantee agreement with TBC Bank, supported by the European Union, to provide favorable financing terms and reduced collateral requirements for the local private sector in Georgia. This partnership will enable … Read the full press release

European Investment Bank and Bank of Georgia Partner to Boost Green Investments and SME Growth with €50 Million Loan

(IN BRIEF) The European Investment Bank (EIB) has inked a €50 million loan agreement with the Bank of Georgia, aimed at supporting small and medium-sized enterprises (SMEs) and mid-cap companies, while also promoting sustainable economic recovery and growth. Notably, a … Read the full press release

EBRD Launches Risk-Sharing Framework with ProCredit Bank Kosovo to Boost SME Financing and Sustainability

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a risk-sharing framework for Kosovan banks, with ProCredit Bank Kosovo (PCBK) becoming the first partner bank to join. This framework allows the EBRD to share partner banks’ exposure … Read the full press release

EIB Launches EU4Business Guarantee Facility to Boost SME Financing in Eastern Partnership Countries

(IN BRIEF) The European Investment Bank (EIB) Group has introduced the EU4Business Guarantee Facility, in collaboration with the European Investment Fund, aimed at supporting small and medium-sized businesses (SMEs) in Eastern Partnership countries, including Armenia. This initiative provides partial portfolio … Read the full press release

EIB and Banca Intesa Beograd Join Forces to Boost Green Investments and SME Growth in Serbia

(IN BRIEF) In a significant move, the European Investment Bank’s (EIB) global arm, EIB Global, and Banca Intesa Beograd have signed a €100 million credit line aimed at supporting small and medium enterprises (SMEs) and mid-caps in Serbia. This initiative … Read the full press release

EIB and Luminor Bank Sign €115 Million Agreement to Boost SME Financing in the Baltic States

(IN BRIEF) The European Investment Bank (EIB) and Luminor Bank AS have inked a €115 million agreement to enhance lending to small and medium-sized enterprises (SMEs) and mid-cap companies in Estonia, Latvia, and Lithuania. The collaboration between the EIB and … Read the full press release

Moroccan SME Neodenim Adopts Sustainable Clothing Production with EBRD Support

(IN BRIEF) Moroccan SME, Neodenim, supported by the European Bank for Reconstruction and Development (EBRD), has adopted more energy-efficient and sustainable clothing production practices. With the installation of new machines, the company now reduces energy, water, and chemical consumption during … Read the full press release