ECONOMY

EIB strikes deal with Eurobank on SME funding

EIB strikes deal with Eurobank on SME funding

Eurobank announced on Monday that two new agreements had been signed with the European Investment Bank for supporting investment plans by small and medium-sized enterprises.

A 100-million-euro loan agreement is destined to offer a credit line to SMEs through the Greek lender, following two more deals already signed totaling 250 million euros.

The other loan deal concerns 50 million euros to go toward financing – via Eurobank Leasing – SMEs that need to lease equipment and installations.

This brings the total of the new credit line from the EIB to 400 million euros.

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