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Economy
16 March 2021

Nordea and EIF: New financing for Nordic SMEs under European Guarantee Fund

Nordea introduces a new range of guaranteed lending solutions to SMEs in Finland, Sweden and Denmark together with the European Investment Fund under its new guarantee programme, the European Guarantee Fund (EGF). An agreement signed by Nordea and the European Investment Fund will provide Nordea with €700 million in guarantee capacity for 2021. Thus, the guarantee programme enables Nordea to offer €1 billion of new financing to its customers on more favourable terms. “At Nordea Business Banki...