The EIB is providing a EUR 12 million loan to Biosurfit SA for its RDI activities in innovative diagnostics. EIB Vice-President Román Escolano and Biosurfit’s CEO, João Garcia da Fonseca, signed the financing contract in Lisbon today.
The EIB has granted Banco Santander Totta a EUR 500 million loan to finance small and medium-sized projects undertaken by SMEs and midcaps. The loan agreement for the first EUR 200 million tranche was signed in Lisboa today by EIB Vice-President Román Escolano and by the President of the Executive Committee of Banco Santander Totta, António Vieira Monteiro.
The President of the EIB, Werner Hoyer, and EIB Vice-President Jan Vapaavuori met the Finance Minister Magdalena Andersson and Foreign Affairs Minister Margot Wallström to discuss Sweden’s investment priorities. On this occasion, the EIB President and Vice-President, together with the Deputy Finance Minister Per Bolund, inaugurated the EIB Group’s Representative Office in Stockholm to support business with the public and private sectors and strengthen relations with promoters and partner banks in Sweden. The Office will be headed by Alexander Schenk and was inaugurated in the presence of ambassadors of the EU Member States and representatives of Sweden’s Government and the banking and business communities.
The EIB is lending EUR 500 million to the Republic of Slovenia to co-finance priority projects being supported by EU funds during the 2014-2020 programming period. The EIB loan, in line with the Partnership Agreement and the Europe 2020 Strategy, will cover the national co-financing contribution for projects. Part of the loan is to be devoted to alleviating the financial burden of Slovenia, one of the countries along the Western Balkans Route most affected by the current wave of refugees.
The EIB is providing a first EUR 250 million tranche of a EUR 500 million loan to Banco Comercial Português (Millennium bcp) to finance the investment projects of SMEs and midcaps located in Portugal. The finance contract for the first EUR 250 million tranche was signed today in Lisbon by EIB Vice-President Román Escolano and Millennium bcp’s CFO Miguel Bragança.
The EIB is lending EUR 80 million to Redes Energéticas Nacionais SGPS, S.A. (REN) in support of its multi-component investment programme covering the period 2014-2019. This programme includes renewable energy connections and the reinforcement and upgrading of the Portuguese electricity transmission network. The finance contract was signed in Lisbon today by EIB Vice-President Román Escolano and the CEO of REN, Rodrigo Costa. This is the first tranche of a EUR 200 million loan.
With a EUR 50 million loan, the EIB, in cooperation with BPI, will finance projects with a particular emphasis on the agriculture and agri-food sector carried out by small and medium-sized enterprises (SMEs). The finance contract was signed in Lisbon today with the participation of EIB Vice-President Román Escolano and the CEO of Banco BPI, Fernando Ulrich.
The amount of financing made available to the Regions by Cassa depositi e prestiti for the rehabilitation, renewal, upgrading to comply with safety standards and construction of school buildings has been increased to EUR 905 million.
The EIB will make available EUR 230.9m to UniCredit Leasing Austria through the purchase of asset-backed securities (ABS). The “Success 2015” ABS transaction was arranged by UniCredit Bank Austria AG and Munich-based UniCredit Bank AG. The EIB is investing in the senior tranche, which has an AAA rating from Fitch and DBRS. UniCredit Leasing Austria will take the junior tranche (class B) amounting to around EUR 94.4 million on its books. The secured portfolio comprises motor vehicle leasing agreements (59 per cent) and other leased assets (41 per cent). The transaction, concluded in Luxembourg on Friday 20 November 2015, does not involve any changes for the lessees.
Business investments affect people, the environment and society at large. It is important that these investments have a positive impact. For this reason, the EIB and Rabobank are introducing an impact loan to encourage Dutch business owners (SMEs and midcaps) to make sustainable investments. The first tranche will make an additional EUR 50 million available for loans with a positive social impact. Business owners who demonstrably display corporate social responsibility and wish to make new sustainable investments can apply for an impact loan with an interest discount of up to 1.2% for new loans.