The EIB Group supports SMEs

The European Investment Bank (EIB) continues its strong commitment to small and medium sized enterprises (SME) in the European Union. The EIB’s Board approved a EU programme allowing the EIB to speed up classical lending operations in the SME sector. The volume of the programme will amount to EUR 2 billion in the second quarter of 2014.

The European Investment Bank (EIB) has signed a EUR 300 million new generation EIB loan for small and medium-sized enterprises (SMEs) with Rabobank Nederland.  Rabobank and its network of independent local Rabobanks will act as a financial intermediary for the EIB funds, passing them on to SMEs to support their investment projects. SMEs should start to benefit from EIB finance this summer.

The EIB Group is broadening the way it supports small and medium-sized enterprises (SMEs), making its funding mechanisms simpler, more transparent and more targeted to the individual needs of small businesses across Europe and beyond.