The European Investment Bank (EIB) has provided recently four loans amounting to EUR 360 million to UniCredit Leasing subsidiaries in Germany (EUR 150 million), the Czech Republic Hungary and Slovakia (EUR 70 million for each of these countries) to support projects of SMEs via leasing schemes.
This effort of the EIB and UniCredit Leasing is in line with the Joint Action Plan of the largest multilateral lenders in Central and Eastern Europe – the EIB Group, the EBRD and the World Bank Group. These financial institutions have committed to provide up to EUR 24.5 billion lending to the SME sector hit by the economic crisis in the Member States that joined the Union after 2004, Western Balkans and Russia and Eastern Partner Countries. Out of this sum, the EIB is [...]