The European Investment Bank (EIB) has announced new
partnerships with two Greek banks, in which it will invest a total
of €180 million to finance loans or leases to SMEs.
ATEbank, which will receive €100 million, and Marfin Egnatia
Bank, which will receive the remaining €80 million, have both
agreed to invest the money in Greek SMEs only.
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The funds, which must be used for traditional loans or leasing,
will be invested in SMEs involved in the industry, agriculture,
commercial services and tourism sectors; as well as in small public
or private infrastructure projects.
Last month, the EIB announced it was partnering
with Austria’s Erste Bank AG to lend €440 million to SMEs across
central and eastern Europe, €100 million of which would be
allocated specifically for leasing.
Jason T Hesse
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