About
Some dates and figures
Structure
Shareholders
Governance
Board of Governors
Board of Directors
Board Committee on Staff Remuneration
Board Committee on Risk Policy
Board Committee on Equity Participation Policy
Board Committee on Ethics and Compliance
Management Committee
Audit Committee
Control and Evaluation
Organisation Structure
Corporate Responsibility
Responsible Finance
Responsible Borrower
Our footprint
An employer of choice
Community engagement
Reporting on Corporate Responsibility
G.R.I.
PART I: Profile
1. Strategy and Analysis
2. Organizational Profile
3. Report Parameters
4. Governance, Commitments, and Engagement
PART II : Management Approach
DMA-PS - Disclosure on Management Approach Product Portfolio
DMA EC - Disclosure on Management Approach EC
DMA EN - Disclosure on Management Approach EN
DMA LA - Disclosure on Management Approach LA
DMA HR - Disclosure on Management Approach HR
DMA SO - Disclosure on Management Approach SO
DMA PR - Disclosure on Management Approach PR
PART III: Performance Indicators
Product and Service Impact
Economic
Environmental
Social : Labor Practices and Decent Work
Social : Human Rights
Social: Society
Social: Product Responsibility
Compliance
Accountability
Complaints mechanism
Cases
Admissibility
Procedure
Initial Assessment
Investigation
Mediation
Consultation
Our response
Admissibility timing
Procedure summary
How to complain
FAQ
Fraud and Corruption
How to report fraud or corruption
Part of the EU family
Partners
Civil Society
Events
Consultations
Key policies and standards
Contacts
Banking Community
Multilateral Development Banks
Universities
Jobs
Working for the EIB
Professional and Managerial
Administrative and support
General Internships
FEMIP Internships Programme
EPTATF Internships Programme
The GRAD programme
Summer jobs for students
Selection Process
FAQ - Jobs
Eligibility
Hiring process
Candidate help
Current vacancies
Procurement

EIB provides a further EUR 50 million via Piraeus Bank under the Guarantee Fund for Greek SMEs

  • Available in: de el en fr
  •  Release date: 28 December 2012
  •  Reference: 2012-214-EN

The European Investment Bank (EIB) signed today with Piraeus Bank a EUR 50 million line of credit for small and medium-sized enterprises (SMEs) in the fields of industry, tourism and services in Greece. This is the second line of credit under the Guarantee Fund for Greek SMEs, a joint initiative between the Hellenic Republic, the European Commission and the EIB specifically designed to cater for the financing needs of SMEs in Greece. Using EUR 500 million from unabsorbed Structural Funds for Greece, it will guarantee EIB loans to SMEs via partner banks in Greece totalling up to EUR 1 billion.

At the signing ceremony the EIB Vice-President responsible for Greece, Dario Scannapieco, stated: “In November we announced that the Guarantee Fund for Greek SMEs would be operational by year end, and we have delivered. I am pleased to announce a further EUR 50 million for Greek SMEs in partnership with Piraeus Bank. With this loan signatures under the Guarantee Fund for Greek SMEs now total EUR 150 million, following the Eurobank signature for EUR 100 million last week. When added to the EUR 140 million in loans signed with Alpha Bank and those made with Ethniki Bank (EUR 250 million) and PanCretan Bank (EUR 50 million) in the last three weeks, this brings new EIB support for Greek SMEs to a total of EUR 590 million, of which EUR 212.5 million had already been disbursed by the EIB last week”.



 Print
 Pdf
Copyright © European Investment Bank 2014
The European Investment Bank is not responsible for the content of external internet sites.

http://www.eib.org/about/press/2012/2012-214-eib-provides-a-further-eur-50-million-via-piraeus-bank-under-the-guarantee-fund-for-greek-smes.htm