The marine industry in Iceland, as well as in Greenland and the Faroe Islands - autonomous territories within the Kingdom of Denmark, will be eligible for financing to strengthen environmental sustainability under a €100 million loan that Icelandic lender Arion Bank is receiving from the European Investment Bank (EIB). Arion Bank will use the EIB credit to provide long-term loans to small and medium-sized companies engaged in marine activities such as sustainable fishing, seafood processing and fish and algae farming.
