(IN BRIEF) The European Investment Fund has signed a €480,000 subordinated loan agreement with Romanian non-bank lender AFIN IFN to strengthen financing for social enterprises, NGOs and cooperatives across Romania. Supported by the InvestEU programme, the 10-year agreement aims to … Read the full press release →
Posted in Banks, Business, Economy, Financial, Government, Industrial, Investment, Luxembourg, Management, Marketing, Romania, Technology
Tagged ADV Romania, AFIN IFN SA, AFIN IFN Secures EIF Backing to Expand Lending for Social Enterprises Across Romania, community development, cooperatives, Cristina Dumitrescu, economic resilience, EIB Group, EIF, European Investment Bank Group, European Investment Fund, European Union, Felicia Relenschi, financial inclusion, Iasi, impact finance, inclusive finance, InvestEU, InvestEU-Backed EIF Agreement Strengthens Inclusive Finance Ecosystem in Romania, investment support, lending, microfinance, NGOs, non-bank financial institution, Romania, SMEs, social economy, social enterprises, social entrepreneurship, social finance, Social Finance Association, subordinated loan, Sustainable Finance, working capital
(IN BRIEF) The European Investment Fund (EIF) and MicroBank have signed a €450 million guarantee agreement to mobilise €750 million in financing for entrepreneurs, micro-enterprises, and social enterprises across Spain. This initiative, backed by InvestEU, aims to address the financing … Read the full press release →
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business, Spain
Tagged CaixaBank, economic growth, economic recovery, EIF, Employment, entrepreneurs, financing, funding, inclusive economy, InvestEU, loans, micro-enterprises, MicroBank, microfinance, partnership, SME competitiveness, social economy, social entrepreneurship, social impact, Spain, sustainability, vulnerable groups, €450 million guarantee agreement
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