ADVERTISEMENT

EIB Group support for projects in the Czech Republic doubled in 2019

MNB

Last year, the European Investment Bank Group, which consists of the European Investment Bank (EIB) and the European Investment Fund (EIF), provided loans, guarantees and equity worth EUR 1.49 billion in the Czech Republic. 

This represents a 110% increase compared to EIB Group’s results in 2018, EIB said in a statement February 26.

The EIB signed new loans amounting to EUR 1.3 bln and the EIF committed EUR 255 million in 10 equity, guarantee and microfinance operations, benefiting some 5,700 small businesses.

EIF financing supported approximately 54,000 jobs and mobilized total investments of EUR 659 mln, the EIB Group said.

Moody's Assigns A1 Ratings to MBH Mortgage Bank Covered Bond... Ratings

Moody's Assigns A1 Ratings to MBH Mortgage Bank Covered Bond...

EU's New Biometric Entry System Postponed Until November EU

EU's New Biometric Entry System Postponed Until November

Avg Blue-collar Hourly Wage Climbs 13.5% in Q2 HR

Avg Blue-collar Hourly Wage Climbs 13.5% in Q2

CATL Debrecen Becomes Sponsor of Campus Festival In Hungary

CATL Debrecen Becomes Sponsor of Campus Festival

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.