PARIS, FRANCE: The European Investment Bank (EIB) will provided a €600 million loan to STMicroelectronics for the semiconductor group’s research and development (R&D) and pre-industrialisation activities in Europe. Jean-Marc Chéry, President and CEO of STMicroelectronics, said: “This new loan from the EIB, with which we have been working in partnership for many years, is complementing…
All posts tagged European Investment Bank (EIB)
TBC Bank signs GEL 90 million loan agreement with European Investment Bank
LONDON, UK: TBC Bank Group’s subsidiary JSC TBC Bank has signed a loan agreement in the amount of GEL (lari) 90 million with the European Investment Bank (EIB) to finance micro, small and medium size businesses in Georgia and support the development of private enterprise. The funds are available to draw either in EUR, USD…
EIB announces EUR 60 billion funding programme for 2020
LONDON: The European Investment Bank (EIB) has estimated its funding needs for 2020 at EUR 60 billion.The EIB has completed its 2019 funding programme of EUR 50.3 billion – in line with the funding authorization announced for the year. The European Investment Bank (EIB) is the long-term lending institution of the European Union owned by…