Tag Archives: SMEs

NIB Partners with Nooa Savings Bank to Provide EUR 10 Million Loan for Finnish SMEs

(IN BRIEF) NIB and Nooa Savings Bank Ltd have entered into a EUR 10 million loan agreement aimed at financing small and medium-sized enterprises (SMEs) in Finland. The seven-year maturity loan will support Nooa Savings Bank’s strategic objectives of growing … Read the full press release

Euronext Expands ELITE Program, Welcoming Six Portuguese Companies for Sustainable Growth

(IN BRIEF) Euronext, Europe’s leading market infrastructure, has expanded its ELITE ecosystem into Portugal, ushering in six diverse companies into the program. These companies, spanning sectors such as healthcare, technology, food, and manufacturing, collectively generate over 200 million Euros in … Read the full press release

EIB and CERUDEB Launch €100 Million Initiative to Empower Women Entrepreneurs and Rural Enterprises in Uganda

(IN BRIEF) The European Investment Bank (EIB) and Centenary Rural Development Bank Ltd (CERUDEB) have unveiled a landmark €100 million investment aimed at bolstering private sector enterprises in Uganda, particularly focusing on women borrowers and rural microenterprises. With 50% of … Read the full press release

Swisscom Launches Enterprise Mobile: Enhanced Subscriptions for SMEs with Microsoft Teams Integration

(IN BRIEF) Swisscom introduces Enterprise Mobile, a tailored mobile subscription service designed to cater to the diverse needs of Swiss SMEs. With premium data speeds of up to 2 Gbit/s and unlimited data options, businesses can enjoy seamless connectivity and … Read the full press release

EIB Boosts Bulgarian Economy with €291 Million Financing and Advisory Support

(IN BRIEF) The European Investment Bank (EIB) and European Investment Fund (EIF) have forged agreements with Bulgarian partners, including Allianz Bank Bulgaria (ABB) and United Bulgarian Bank (UBB), to enhance the country’s economy and advance its transition to carbon neutrality. … Read the full press release

EIF and BT Microfinantare IFN Expand InvestEU Microfinance Guarantee for Romanian Entrepreneurs

(IN BRIEF) The European Investment Fund (EIF) and BT Microfinantare IFN (BT Mic) have reinforced their commitment to the InvestEU Microfinance, Social and Skills Guarantee Product, aiming to provide financial support to 10,000 microenterprises across various sectors, including agriculture, in … Read the full press release

EBRD and Shinhan Bank Kazakhstan Finance Expansion of Atakent Business Hub in Almaty

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) collaborates with Shinhan Bank Kazakhstan (SBK) to support the expansion of Kazakhstan’s prominent conference hub, the Atakent Business Cooperation Centre in Almaty. Through a KZT 3 billion (US$ 6.6 million) … Read the full press release

Vodafone Business and vcita Partner to Empower SMEs with Productivity App

(IN BRIEF) Vodafone Business collaborates with vcita, a leading business management software provider, to introduce the Vodafone Business Management tool with vcita. Aimed at small and medium-sized enterprises (SMEs), the app offers an affordable and secure solution to enhance productivity, … Read the full press release

EIB Injects €143 Million to Bolster Greek Research & Innovation; 2023 Annual Results Showcase Record Investment in Greece

(IN BRIEF) The European Investment Bank (EIB) has pledged a substantial €143 million loan to boost the Hellenic Foundation for Research and Innovation (HFRI), fortifying research and development (R&D) initiatives across Greece’s public higher education institutions and research centers. This … Read the full press release

EIB Group Expands Baltic Presence with New Offices in Riga and Tallinn

(IN BRIEF) The European Investment Bank (EIB) Group has announced plans to establish local offices in Riga, Latvia, and Tallinn, Estonia, aiming to bolster its support for regional projects and investments. This move signifies a deeper commitment to the Latvian … Read the full press release

EIB Group Investment in Czechia Spurs Greener Infrastructure, Boosts Small Businesses, and Drives Innovation

(IN BRIEF) In 2023, the European Investment Bank Group (EIB Group) made significant investments totaling €1.88 billion in the Czech Republic, focusing on initiatives to enhance regional development, economic resilience, and environmental sustainability. The largest loan, amounting to €985 million, … Read the full press release

InvestEU Programme and EIF Join Forces to Boost Social Enterprises and Creative Sector in Catalonia

(IN BRIEF) With support from the InvestEU programme, the European Investment Fund (EIF) and the Catalan Finance Institute (ICF) have entered into a capped portfolio guarantee agreement to leverage €64 million in financing for social enterprises and entities in the … Read the full press release

NatWest and Beauhurst Startup Index Reveals Record Year for UK Entrepreneurship in 2023

(IN BRIEF) The NatWest and Beauhurst Startup Index released today unveils a landmark year for entrepreneurship in the UK, with over 900,000 new companies incorporated, marking a record high. Despite economic challenges such as inflation and operational costs, the surge … Read the full press release

EIB Group and Deutsche Leasing Romania Forge €335 Million Agreement to Boost Small Business Financing and Climate Action

(IN BRIEF) The European Investment Bank Group (EIB Group) collaborates with Deutsche Leasing Romania IFN SA (DLRO) to finalize a synthetic securitization transaction worth €335 million, aimed at mitigating credit risk and enhancing lending capacity for DLRO, which in turn … Read the full press release

EIB Global’s €1.2 Billion Injection Energizes Western Balkans’ Future

(IN BRIEF) EIB Global, the financing arm of the European Investment Bank outside the EU, set a milestone by investing €1.2 billion in the Western Balkans in 2023, aiming to catalyze over €6 billion in new investments. The funds are … Read the full press release

EIB Group’s Strong Growth in France: €12 Billion Investment Spurred by Climate Action, Innovation, and Sustainable Infrastructure

(IN BRIEF) In 2023, the European Investment Bank (EIB) Group experienced robust growth in France, providing nearly €12 billion in long-term financing to the private sector and local and regional authorities. This included €10.6 billion from the EIB and €1.4 … Read the full press release

European Investment Bank Pours €1.26 Billion into Austria for Renewable Energy, Water Supply, and Housing Projects in 2023

(IN BRIEF) The European Investment Bank (EIB) Group in Austria has revealed its commitment to financing projects focused on renewable energies, water supply, and social housing in 2023, with a total investment of €1.26 billion. Despite an initial cautious approach … Read the full press release

EIF Signs €2 Billion Guarantee Agreements to Boost SMEs and Green Transition in Bulgaria

(IN BRIEF) The European Investment Fund (EIF), a part of the European Investment Bank Group, has inked guarantee agreements with four Bulgarian banks, including Postbank (Eurobank Bulgaria), ProCredit Bank Bulgaria, UniCredit Bulbank, and United Bulgarian Bank, facilitating up to €2 … Read the full press release

Central Asian Entrepreneurs Embrace Green Initiatives with EBRD Support

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is actively supporting sustainability and green initiatives in Central Asia, empowering local entrepreneurs to transition to eco-friendly operations. One notable example is the Bel-Tam yurt camp in Kyrgyz Republic, which, … Read the full press release

ABN AMRO Secures €250 Million Financing from EIB to Boost Sustainable Investments for Dutch Businesses

(IN BRIEF) ABN AMRO has successfully secured €250 million in financing from the European Investment Bank (EIB), which will be matched by the bank itself, resulting in a total of €500 million in new loans available to Dutch businesses. This … Read the full press release