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Economy
7 December 2023

InvestEU: EIF supports Brgschaftsbank Baden-Wrttemberg and Brgschaftsbank Nordrhein-Westfalen in expanding their guarantee programmes for small and medium companies

Source: eif.org

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Bürgschaftsbank Baden-Württemberg and Bürgschaftsbank Nordrhein-Westfalen have signed up for a counter-guarantee from the EIF.
The €76 million counter-guarantee, made possible by the InvestEU programme, enables the banks to support SME financing of up to €200 million.
Bürgschaftsbank Baden-Württemberg (BBBW), together with Bürgschaftsbank Nordrhein-Westfalen (BBNRW), will increase their guarantee support for regional financial institutions that want to extend financing to small and medium...

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