The European Investment Bank (EIB) has announced new
partnerships with two Greek banks, in which it will invest a total
of €180 million to finance loans or leases to SMEs.
ATEbank, which will receive €100 million, and Marfin Egnatia
Bank, which will receive the remaining €80 million, have both
agreed to invest the money in Greek SMEs only.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The funds, which must be used for traditional loans or leasing,
will be invested in SMEs involved in the industry, agriculture,
commercial services and tourism sectors; as well as in small public
or private infrastructure projects.
Last month, the EIB announced it was partnering
with Austria’s Erste Bank AG to lend €440 million to SMEs across
central and eastern Europe, €100 million of which would be
allocated specifically for leasing.
Jason T Hesse
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
