Subscribe: All Press Releases
Added By: Feedage Forager Feedage Grade B rated
Language: English
bank  development bank  development  eib  eur million  eur  finance  investment  million  new  support  today  world bank 
Rate this Feed
Rating: 3.3 starRating: 3.3 starRating: 3.3 starRate this feedRate this feed
Rate this feed 1 starRate this feed 2 starRate this feed 3 starRate this feed 4 starRate this feed 5 star

Comments (0)

Feed Details and Statistics Feed Statistics
Preview: All Press Releases

EIB: Press corner

Published: Mon, 23 Apr 2018 08:20:25 GMT

Copyright: Copyright European Investment Bank

Spain: Investment Plan for Europe - EIB Group and BBVA sign second synthetic securitisation operation with a EUR 98 million subordinated guarantee in support of SMEs

Sun, 22 Apr 2018 22:00:00 GMT

The EIB Group, formed by the EIB and EIF, have granted BBVA a EUR 98 million guarantee, on a mezzanine tranche of a EUR 1.95 billion portfolio, that will enable the provision of up to EUR 600 million to finance new investment projects of small Spanish businesses. This is the second mezzanine guarantee operation in a synthetic SME securitisation in which the EIB and EIF are jointly participating in Spain. The agreement was made possible by the support of the European Fund for Strategic Investments (EFSI). 

The IDB Group and the EIB Pledge to Expand Partnership and Explore Blended Finance

Fri, 20 Apr 2018 22:00:00 GMT

The Inter-American Development Bank (IDB), its private sector entity IDB Invest, and the EIB have formally expanded their partnership through a new Memorandum of Understanding (MOU), which was signed in Washington DC by IDB President Luis Alberto Moreno and EIB President Werner Hoyer. This renewed collaboration reflects the partners’ commitment to advance development in Latin America and the Caribbean (LAC) through blended finance, co-financing, and knowledge sharing.

The International Bank for Reconstruction and Development (IBRD) joins the Global Emerging Markets (GEMs) Risk Database Consortium

Fri, 20 Apr 2018 22:00:00 GMT

During the World Bank-IMF Spring Meetings in Washington, DC, on April 20, Werner Hoyer, President of the EIB, acting on behalf of the Global Emerging Markets (GEMs) Risk Database Consortium, and Joaquim Levy the Managing Director and Chief Financial Officer of the World Bank signed a membership agreement, making the IBRD the nineteenth member of the Consortium. 

MDBs launch new platform to coordinate support for economic migration and forced displacement

Thu, 19 Apr 2018 22:00:00 GMT

Seven Multilateral Development Banks (MDBs) launched a new platform to enhance their collaboration on economic migration and forced displacement today on the margins of the IMF-World Bank Group Spring Meetings. The platform will advance strategic dialogue and operational coordination to maximize the impact of MDBs’ growing engagement in these two areas.

Niger : la BEI finance un projet d’alimentation en eau potable (21 M€)

Thu, 19 Apr 2018 22:00:00 GMT

Ce jour a été l’occasion pour le Président de la République du Niger de procéder à la pose de la première pierre des travaux de construction de la 4ème filière de traitement d’eau potable de l’usine de Goudel à Niamey. Cette usine s’inscrit dans le projet de renforcement du système d’alimentation en eau potable de la ville de Niamey, financé par l’Agence Française de Développement (AFD), la Banque européenne d’investissement (BEI), FINEXPO, et le Royaume des Pays-Bas pour un montant global de 74,46 millions d’euros. La BEI finance le projet à hauteur de 21 millions d’euros.

EU Bank pioneers new bond in support of sustainable development

Thu, 19 Apr 2018 22:00:00 GMT

The EIB has today announced on the margins of the IMF/World Bank Group Spring Meetings plans for a new debt product: a Sustainability Awareness Bond, highlighting the Bank’s key role in sustainable finance both in and outside of Europe.

EIB and IMF join forces to build capacity on financial inclusion and stability in Africa

Wed, 18 Apr 2018 22:00:00 GMT

Today, the EIB and the International Monetary Fund (IMF), signed a Letter of Understanding to pool their expertise and experience to promote sustainable economic development, financial stability and inclusive growth in Africa. 

No one can tackle the migration challenge alone, EIB President Hoyer tells policy makers in Washington: partnerships and multilateralism are key

Wed, 18 Apr 2018 22:00:00 GMT

Speaking at the joint EIB-Bertelsmann Foundation ‘Tackling the Root Cause of Migration: Europe’s Strategy for Economic Resilience’ event in Washington DC, on the margins of the IMF/World Bank Group Spring meetings, EIB President Werner Hoyer called for effective multilateralism and outlined the Bank’s role in addressing the challenges related to the migration crisis.

Impact into the Future: EIB releases Activity Report detailing record year of deals

Wed, 18 Apr 2018 22:00:00 GMT

A record number of deals shows that the EIB is supporting the smaller companies and start-ups that will boost growth and jobs for decades, in addition to its traditional business with large entities, according to the EU bank’s Activity Report 2017, released today. 

Europe has a financing gap for green mobility, report finds

Wed, 18 Apr 2018 22:00:00 GMT

A new “InnovFin – EU finance for innovators” report on innovative transport finds that innovative transport lacks between EUR 5.5 and EUR 13 billion of investments, annually.

Nigeria: EIB and African Development Bank to support private sector investment with Development Bank of Nigeria backing

Wed, 18 Apr 2018 22:00:00 GMT

The EIB and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for business and agriculture investment in the country. The EIB has finalized a US $20-million equity stake in the new financing institution, alongside US $50-million equity participation from the African Development Bank. 

EIB’s agriculture and bioeconomy programme loan under Juncker Plan will support close to EUR 1bn of private investment across Europe

Sun, 15 Apr 2018 22:00:00 GMT

The EIB today announced the launch of a new financing initiative that aims to unlock close to EUR 1bn of investment in the agriculture and bioeconomy sector. 

Austria’s investment outlook: economy well on track, according to annual “EIB Survey on Investment and Investment Finance” (EIBIS)

Sun, 15 Apr 2018 22:00:00 GMT

Austria is a structurally sound economy with a high quality of infrastructure and capital. Post-crisis, investment activity recovered faster than for the EU as a whole, powered most recently by investment in machinery and equipment. R&D investment in relation to GDP is also on the rise in Austria, driven particularly by large firms, although some innovative firms still face credit constraints. These companies should diversify their funding base to strengthen future competitiveness. At the same time, Austria needs to improve its financial ecosystem for alternative forms of investment funding.

Germany: EIB provides GRENKE with funds for leasing

Sun, 15 Apr 2018 22:00:00 GMT

The EIB is providing the German financial services group GRENKE a long-term, low-interest credit facility for up to EUR 100m. Headquartered in Baden-Baden, GRENKE is a financing partner for small and medium-sized enterprises. It offers its customers a one-stop shop for leasing, factoring and bank products. This is the first time that the EU bank and GRENKE have joined forces.

Portugal: The EU bank provides up to EUR 100 million to co-finance the ‘Casa Eficiente 2020’ programme promoted by the Portuguese Government

Thu, 12 Apr 2018 22:00:00 GMT

The EIB is providing a loan of up to EUR 100 million to co-finance projects under the Casa Eficiente 2020 programme, promoted by the Portuguese Republic to support investments of individuals and small companies implementing residential energy and water efficiency refurbishments schemes. The finance contracts for the remaining amount under this operation (EUR 30 million) are envisaged to be signed shortly with other Portuguese financial intermediaries.

Portugal: EIB and CEB provide EUR 280 million to finance modernisation and expansion of irrigation infrastructure

Thu, 12 Apr 2018 22:00:00 GMT

The EIB and the Council of Europe Development Bank (CEB) will contribute to the financing of the National Irrigation Programme of Portugal, supporting investments in mainland regions of the country, mostly in the Alentejo, which is served by the Alqueva water system. The project is aimed at fostering economic development in rural areas and increasing resilience to the effects of climate change, in particular drought. 

Poland: Investment Plan - First EIB direct loan to a Polish University to support a brand new medical simulations centre

Thu, 12 Apr 2018 22:00:00 GMT

Academic facilities in line with the best international standards and the capacity to attract both Polish and foreign students – that is the aim of a modernisation plan undertaken by the Medical University of Warsaw (Warszawski Uniwersytet Medyczny), the leading medical university in Poland.  

Poland’s investment outlook: time to shift the growth model towards skills and innovation, according to EIB research

Thu, 12 Apr 2018 22:00:00 GMT

In Poland, the macroeconomic outlook remains stable and promising. Robust economic growth is likely to continue in 2018, thanks to strong private consumption and a recovery in investment after a lull induced by the cyclicality of EU funds. Nevertheless, important structural issues have to be overcome to secure the country’s long-term convergence towards the EU and the sustainability of its growth model.

EIB agrees EUR 5.8 billion investment in energy efficiency, social infrastructure and local businesses

Wed, 11 Apr 2018 22:00:00 GMT

Meeting in Luxembourg earlier today the Board of the EIB approved a total of EUR 5.8 billion of new financing for 29 projects in the European Union, Africa, and Latin America.

Italy: EIB provides EUR 130m to the University of Bologna

Mon, 09 Apr 2018 22:00:00 GMT

The EU bank is supporting the five-year investment plan of the University of Bologna with an overall financial commitment of EUR 130m. This covers over half of the planned works, which total EUR 222m. The EIB loan signed today in Bologna will go towards modernising and expanding the university's campuses, with a series of works ranging from earthquake protection to the energy efficiency of buildings and the upgrading of classrooms, research laboratories and sports facilities.