The EIB has granted a loan of EUR 200m to Bankinter for financing projects implemented primarily by innovative SMEs and midcap companies (up to 3 000 employees) in Spain. The loan contract was signed this morning in Madrid by EIB Vice-President Román Escolano and Bankinter's CEO, Maria Dolores Dancausa.
The EIB undertook to finance the agri-food sector in Georgia. EIB lending will help Georgia to take advantage of the Deep and Comprehensive Free Trade Area (DCFTA), an initiative under the country’s Association Agreement with the European Union.
Accompagner la Région Champagne-Ardenne dans sa mission prioritaire en faveur de la formation et de l’emploi des jeunes, tel est l’objectif de l’accord de financement signé par Jean-Paul Bachy, Président du Conseil régional de Champagne-Ardenne, et Ambroise Fayolle, Vice-président de la BEI. La signature a eu lieu au lycée Jean Moulin à Revin, suivie d’une visite du chantier des travaux de restructuration en cours.
The purpose of the EIB loan is to provide Réunion with a safe road link that will have a substantial socio-economic impact. The loan signature between the Réunion Region, represented by its President Didier Robert, and the EIB, represented by Vice-President Ambroise Fayolle, is for a total amount of EUR 500m. Following this signature, a field visit to the New Coast Road site will enable the EIB members present to gauge the progress of the stages already under way.
The EIB today reaffirmed its firm commitment to respond to the Ebola pandemic. The Bank has provided a EUR 50 million loan to Bavarian Nordic, an international biopharmaceutical company, for accelerated development of an Ebola vaccine with long-term efficacy. The financing is also backing research into vaccines for treating other infectious diseases and multiple cancer indications.
The European Investment Fund (EIF), the arm of the EIB Group specialising in risk capital instruments, risk financing for small and medium-sized enterprises (SMEs) and innovation, and Bpifrance, the French public investment bank, have signed a financial agreement to increase lending to innovative SMEs and mid-caps in France thanks to the guarantee financed from the EU budget under the European Fund for Strategic Investments (EFSI). The European Commission (EC) and the EIB Group will deploy the Investment Plan for Europe (IPE) via EFSI.
The EIB has approved the provision of a EUR 200m credit line to Ibercaja Banco for financing investment projects promoted by SMEs and midcaps (up to 3 000 employees) in the industrial and service sectors in Spain. The first EUR 50m tranche of this loan was signed this morning in Zaragoza.