Italy: EIB and Crédit Agricole Italia provide 400 million to support the growth of small and medium-sized companies

Up to 50% will be used to finance Czech mid-caps, with the remainder devoted to SME lending. The project is therefore also expected to have a significant impact on employment in the country by facilitating favourable lending for the real economy at a time of high interest rates and tight financial conditions. EIB dedicated financing to support SMEs and Midcaps and etoro the energy efficiency transition with focus on the renewables and some energy efficiency. The European Investment Bank (EIB) has signed a financing agreement with Tylko, an innovative Polish company that is modernising the furniture industry. Tylko capitalises on the manufacturing know-how in Poland, now the world’s second largest furniture exporter (after China).

  • The €7.5 million in financing will go to bolster Tylko’s research and development (R&D) capabilities in the field of innovative product development.
  • The Company manages air traffic in Italy through 45 control towers and four area control centers for en-route services.
  • This EIB support will enable Tylko to further develop its software platform, strengthen its competitiveness and expand globally.
  • The 5-year bond’s principal will be repaid at maturity and its coupon is indexed to the 6-month Euribor.

The €7.5 million in financing will go to bolster Tylko’s research and development (R&D) capabilities in the field of innovative product development. This EIB support will enable Tylko to further develop its software platform, strengthen its competitiveness and expand globally. The Bank’s investment is backed by the European Commission’s web development careers & degrees InvestEU programme under the Future Technologies window. These are the primary goals of the 160 million euro loan granted by the European Investment Bank (EIB) to ENAV, the Italian Air Navigation Service Provider. The Company manages air traffic in Italy through 45 control towers and four area control centers for en-route services.

Italy: EIB and Crédit Agricole Italia provide €400 million to support the growth of small and medium-sized companies

The operation is structured around the EIB’s full private placement purchase of a new, €400 million premium label covered bond issued by Crédit Agricole tickmill review Italia under its covered bond programme. The 5-year bond’s principal will be repaid at maturity and its coupon is indexed to the 6-month Euribor.

  • Over 25% of this funding will go towards meeting environmental sustainability and energy efficiency transition goals, confirming the continued dedication and commitment of the EIB and Crédit Agricole Italia to the circular economy and environmental, social and governance issues.
  • The operation is structured around the EIB’s full private placement purchase of a new, €400 million premium label covered bond issued by Crédit Agricole Italia under its covered bond programme.
  • The Bank’s investment is backed by the European Commission’s InvestEU programme under the Future Technologies window.
  • The European Investment Bank (EIB) and Crédit Agricole Italia have signed a €400 million agreement to support new investment from small and medium-sized enterprises and agricultural companies.
  • EIB dedicated financing to support SMEs and Midcaps and the energy efficiency transition with focus on the renewables and some energy efficiency.

The beneficiaries of the new financing will be SMEs (up to 250 employees), mid-caps (250 to employees) and agri-food sector companies, which will be able to carry out new projects with a financial advantage derived from the EIB’s preferential rates. The European Investment Bank (EIB) and Crédit Agricole Italia have signed a €400 million agreement to support new investment from small and medium-sized enterprises and agricultural companies. Over 25% of this funding will go towards meeting environmental sustainability and energy efficiency transition goals, confirming the continued dedication and commitment of the EIB and Crédit Agricole Italia to the circular economy and environmental, social and governance issues. An agreement between Česká spořitelna and the European Investment Bank (EIB) will make available €400 million in new financing to Czech SMEs and mid-caps. Announced today, the agreement is expected to help improve access to finance for local companies.

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