
The EIB has been providing support to SMEs since 1968. In 2005 this activity was made one of the Group’s five “operational priorities”. With a view to refining the ways in which it operates in this area, the EIB directly consulted – for the first time throughout the 27 Member States – all the interested parties: SMEs, public authorities, commercial banks, chambers of commerce, and professional and employers’ associations.
This consultation revealed that even in our highly developed financial markets, four types of company often have difficulty gaining access to credit. In particular:
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