The European Investment Bank – a strong partner for Austria also in 2017
The EIB Group, consisting of the European Investment Bank (EIB) and European Investment Fund (EIF), continued its strong commitment in Austria in the 2017 financial year.
Last year, the Group provided total financing of just under EUR 1.6 billion, almost EUR 1.3 billion of which from the EU bank. Promoting small and medium-sized enterprises was one of the Group’s key priorities. In 2017, the EIB and the EIF made EUR 696 million of financing available to this sector.They also focused on infrastructure and climate action projects. Overall, EUR 3.7 billion of investment was triggered by the EIB Group’s financing operations in Austria. Financing backed by the European Fund for Strategic Investments (EFSI) under the Investment Plan for Europe increased significantly last year.
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