The European Investment Bank (EIB) and Bankia have concluded a EUR 250 million loan aimed at facilitating access to funding for SMEs and midcaps. The agreement was signed today by EIB Vice-President Román Escolano, and Bankia’s CEO, José Ignacio Goirigolzarri.
The EIB has granted a EUR 500 million loan to Banco Santander and a EUR 100 million loan Santander Consumer Finance (SCF) for financing the investment projects of SMEs and midcaps with the aim of fostering growth and job creation. The EIB loan to SCF will specifically be used to finance the commercial vehicle fleets of small and medium-sized businesses. Banco Santander and SCF will make an additional contribution of EUR 600 million, so that the total amount made available for financing SMEs will be EUR 1.2 billion.
The EIB is lending EUR 400 million to finance public infrastructure projects in Ukraine’s medium and large municipalities focused on protecting, rehabilitating and avoiding deterioration of municipal infrastructure.
The Memorandum of Understanding governing the financing of the MIUR Plan, forming part of the Government's overall school construction strategy which also concerns the Infrastructure Ministry and the Italian Prime Minister's school construction task force, was signed today in Palazzo Chigi by the Prime Minister's Office, the Education, Universities and Research Ministry (MIUR) and the European Investment Bank.
The day after the EIB Group and the European Commission signed in Brussels an agreement to implement the Investment Plan for Europe (the Juncker Plan), the EIB signed its first equity participation under the plan, a €50 million commitment to an investment fund managed by Omnes Capital and entirely dedicated to developing renewable energies: Capenergie 3.
New investment for strategic infrastructure across Europe and around the world, including road, rail, ports, inland waterways, and airports, were amongst nearly EUR 10 billion of new lending approved this week by the Board of Europe’s long-term lending institution, the European Investment Bank. Financing was agreed, subject to final negotiation, for a total of 45 projects, including 5 schemes expected to get support from the EU budget guarantee under the European Fund for Strategic Investments (EFSI).
On Friday 17 July 2015, the European Investment Bank (EIB) and Aquitaine's Regional Council signed a €100 million loan for financing the purchase of new trainsets for the TER (regional express train) network. The finance contract was signed at Pessac station by Alain Rousset, President of Aquitaine's Regional Council, and EIB Vice-President Ambroise Fayolle.