Posts Tagged ‘European Investment Bank’

Microfinance Focus, October 2, 2010: European Union’s long-term financing institution, the European Investment Bank has on Friday granted a EUR 200 million loan to Spanish bank Bilbao Bizkaia Kutxa (BBK) for financing investment projects carried out by SMEs, mid-caps and local authorities. This is the EIB’s third loan to BBK. BBK is matching this EIB funding with a further EUR 200 million for financing the same ... Full story

Microfinance Focus, July 31, 2010: Supporting Turkey’s small and medium-sized enterprises (SMEs), The European Investment Bank has signed two loans for a total amount of EUR 150 million. The two EIB loans of EUR 75 million each went to Akbank and Halk Bank. They consist of a combination of EIB funds (80%) and European Union grants (20%) for onlending concessional financing to smaller Turkish companies. ... Full story

Microfinance Focus, July 9, 2010: The European Investment Bank (EIB) and Veneto Banca Group yesterday signed a EUR 150 million finance contract for projects to be carried out by Italian small and medium-sized enterprises (SMEs). The loans will be provided not only by Veneto Banca but also other banks in the Group (Popolare di Intra, Claris leasing, Banca Apulia and Cassa di risparmio di Fabriano ... Full story

Microfinance Focus, June 2, 2010: European Union’s financing institution, the European Investment Bank (EIB) through its ‘Loans for SMEs’ programme has concluded a loan agreement worth EUR 300 million with KBC and CBC. Since the launch 18 months ago, in October 2008, of its ‘Loans for SMEs’ programme the EIB has made more than EUR 18 billion available to SMEs of which 7.4 billion allocated ... Full story

Microfinance Focus, June 01, 2010: Rural Impulse II, a new specialist microfinance fund backed by leading public and private financial institutions and investors has launched today. EUR 100m Fund is an initiative of Incofin Investment Management, which will act as fund advisor. The European Investment Bank, IFC – part of the World Bank Group, KfW Entwicklungsbank (The German Development Bank), the Belgian Investment Company for ... Full story

Microfinance Focus, May 07, 2010: IFC, a member of the World Bank Group, announced it will invest in the first fund focused exclusively on lending to microfinance institutions in Africa, strengthening the region’s financial architecture and improving access to finance for smaller businesses. IFC will invest $8 million in the Regional Micro, Small, and Medium Enterprise Investment Fund for Sub-Saharan Africa and provide a further $5 ... Full story

Microfinance Focus, May 06, 2010: The European Union’s long-term lending institution, the European Investment Bank has yesterday committed US$15 million to REGMIFA, a UD$ 150 million microfinance fund targeting small enterprises in sub-Saharan Africa. REGMIFA was developed by leading donor finance institutions following a G8 initiative to improve access to finance in Africa. European Investment Bank would be the largest shareholder of class A shares ... Full story

Microfinance Focus, Nov. 06, 2009: European Microfinance Week 2009 will take place from 24th - 26th November 2009 in Abbaye de Neumunster, Luxembourg. Conference will be organized by the European Microfinance Platform, a microfinance network of over 115 organizations active in microfinance. The theme for the 2009 meeting will be 'Microfinance in a new financial ... Full story