European Investment Fund, part of the EIB Group, extends guarantees to Erste&Steiermärkische Bank d.d. and Erste&Steiermärkische S-Leasing d.o.o. to enable up to €200 million of financing to SMEs to support faster recovery of Croatian SMEs.
Guarantees fall under Pan-European Guarantee Fund (EGF), a €25 billion guarantee fund established by the EIB Group to accelerate post-COVID recovery of European companies.
First EGF operation in Croatia; the country’s maximum liability within the...