Estonian-based Bigbank AS has signed a synthetic securitisation transaction with the European Investment Bank Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF). The transaction, which is the first synthetic securitisation transaction for the Bigbank, will support new lending to small and medium-sized enterprises (SMEs) and mid-caps in Estonia, Latvia and Lithuania, with a particular focus on micro-enterprises, young companies and environmentally sustainable investments.