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E-mail article Print Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά Text

CCB, EIB: Financing of SME's in Cyprus

Michael Roberts - 17.03.2010

An SME Loan to Cooperative Central Bank Ltd (CCB) for on-lending to its member credit cooperative societies (CCS) which in turn finance investments promoted by SMEs in the fields of industry, tourism and services in Cyprus. The loan which was signed in March is up to 50 million Euros. The objective of this loan is to contribute to regional development, increasing competitiveness and productivity of SMEs, as well as promotion of longer-term SME finance in Cyprus.
EIB

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